-
The carrier is offering shares priced at $29-$31. -
Growing economic and population exposures are driving potentially larger insured losses.
-
The casualty ILS business now has $175mn in capital.
-
Cat bond sponsors continue to secure higher limits and lower rates versus their targets.
-
Investor interest and capital flows point to potential for ILS proliferation.
-
The bond initially sought $425mn across three tranches.
-
Six weeks after the storm, Perils released its first industry-loss estimate at EUR619mn.
-
Renewal rates were favorable compared to what could have happened after several hurricanes.
-
His leadership roles included overseeing the firm’s capital solutions group.
-
The bond will cover China, India and Japan quake and Japan typhoon.
-
The bond will provide protection against German and Japan quake.
-
The firm’s assets under management were down $300mn in Q1 as performance fee income was hit.
