Lloyd's insurer Neon confirmed the launch of its new UK-based sidecar, NCM Re, as it raised $72mn of capital to establish the vehicle - up from a previously reported $60mn target
Australian insurer IAG has kept its overall catastrophe reinsurance protection steady in 2018, leading the amount of business it placed through the subscription markets to fall after it lined up quota share deals with three European carriers last year
The Leo Re vehicle set up by Dutch pension fund service provider PGGM to take risk ceded by Munich Re has expanded to $400mn for 2018, from $200mn in 2017.
The value of City National Rochdale's wind ILW investments decreased by 31.4 percent between the end of July and the end of October 2017, its latest quarterly filing showed.
JLT Re said risk-adjusted global catastrophe rates still lagged below 2016 levels after the broker's global rate-on-line index rose by 4.8 percent at 1 January, in the first increase since 2012.
