Trading Risk July 2017
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Former Aon Benfield retro broker Tom George is expected to join AlphaCat as an underwriter, sources told Trading Risk.
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William Mulcahy, an actuary who has previously worked at ILS Capital Management, Securis and Ariel Re, is expected to join Qatar Re later this year, sources said.
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Bermudian (re)insurers shifting their focus to the insurance markets will benefit from less volatility but will also make less margin, according to recent analysis from Fitch Ratings.
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Average returns posted by a group of cat bond funds came to 0.68 percent in the second quarter of 2017, taking year-to-date gains to 1.36 percent
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The ILS portfolio managed by Swedish state pension fund AP3 grew by more than 40 percent in the second half of 2016, according to its most recent report
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Artex has issued its second cat bond lite of the year on the Bermuda Stock Exchange, raising a total of $8.31mn.
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The UK Treasury's final version of regulations that will establish a framework for local ILS issuance have gone some way to addressing industry concerns
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Nephila Capital has agreed a deal with a major US insurer to assume coastal exposure, broadening its access to primary risk, sister publication The Insurance Insider reported
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Florida Citizens bought more collateralised reinsurance for the current hurricane season than it had in 2016, after lifting the size of its traditional programme by more than 50 percent.
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The top 10 ILS managers lifted their assets under management (AuM) by 8 percent in the first half of 2017, taking the group's collective capital base to $56.5bn, according to Trading Risk records