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Florian Steiger’s strategy is seeking institutional capital for the Q4 primary issuance season. -
The firms’ partnership preceded Japan's first ‘megaquake’ warning.
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The peril can no longer be considered secondary, according to Gallagher Re.
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Both groups continue to call for a highly active season, however.
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The losses were not passed through to the firm’s ILS business.
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Sidecar vehicles are being tailored to match investors’ objectives.
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Everest losses ceded to Mt Logan grew by 63% to $26mn.
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Several bonds suffered declines in value from February to July.
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Debby should be a “very manageable” storm for the (re)insurance market, it said.
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Subsidiaries Core and Typtap have applied to participate in the November Citizens policies assumption.
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The deal takes year-to-date cat bond lite issuance to $367.6mn
