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The index-based coverage will be for the benefit of Lloyd’s Syndicate 1910. -
The carrier reported a P&C re net result up 44% to EUR1.8bn.
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Gordon was set to join start-up brokerage Juniper Re last month.
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Combined AuM of UCITS funds stood at $11.3bn as of 26 April 2024.
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The pension fund’s ILS allocation as of the end of 2023 was CHF300.3mn ($356.8mn).
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Over Q1, the loss ratio improved by 34.6 points year on year to 43.7%.
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The Mexican government’s IBRD quake bond priced 4% ahead of guidance.
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The flat growth is a result of multiple forces influencing capital flows in both directions.
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The new Marlon bond offers multiples of 7.4x and 8.9x on the Class A and Class B notes respectively.
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Parent company Markel said the ILS manager’s performance was subject to a reporting lag.
