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The Sussex Capital ILS platform managed $440mn at its 2019 peak. -
The total economic cost from the catastrophe is estimated to be EUR9bn.
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The four-year deal will be the second Nature Coast Re bond issuance.
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The multiple on the Class A notes is lower compared with last year.
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Florida Citizens' Everglades Re bond priced up by 6% across three tranches.
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CEO Wagstaff said the LMG must "compete with other markets".
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The second part of the PoleStar Re issuance takes the bond's total volume to $300mn.
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Traditional reinsurers such as Berkshire Hathaway and Arch pushed for more share, our annual study of Florida cessions shows.
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Minors has experience working on insurance and reinsurance matters
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The former Everest executive will look to roll out a range of new product lines at the MGA.
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The carrier reported 1 April price increases of 3.2%.
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Citizens also secured $1.1bn of limit for its Everglades Re cat bond.
