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Guy Van Hecke has spent the last 26 years working at Axa, starting at Axa Corporate Solutions. -
Sluggish progress on competitiveness means ILS deals are transacted elsewhere.
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The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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The loss has increased by 1.4% since the company’s first assessment.
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The number of sponsors has risen from 46 about a year ago to 66 over the last 12 months.
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The transaction complements its previous acquisition of RMS in 2021.
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Growth was driven by increased earnings and capital inflows.
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The broker said it expects strong ILS capital inflows to continue.
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The bond is offering a spread range of 950-1,050 basis points.
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The deal will boost the investment consultancy’s ILS capabilities.
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