The Nakama Re 2018-1 cat bond settled at $700mn, after expanding by nearly 200 percent over the course of marketing, according to Trading Risk sources.
Aspen will get quota share support from a separate cell of its Peregrine vehicle, after electing not to renew its Silverton Re sidecar at this year's renewals, according to a 10K filing.
Britain's Department for International Development (DFID) will invest £25mn ($35mn) over a 20-year period in the Natural Disaster Fund managed by Global Parametrics, the DFID has confirmed.