Artex said that one of its founders Peter Mullen will be re-joining the company as CEO-elect, taking over leadership of the insurance services firm from March 2019.
MS&AD Insurance Group's Akibare Re 2018-1 typhoon cat bond has settled at the upper end of a revised target range at $320mn, as pricing dropped to the lower end of the updated guidance.
A $1.3tn funding measure signed by US president Donald Trump on Friday sets a 31 July deadline by which Congress must re-authorise the National Flood Insurance Program (NFIP) or it will expire.
New UK ILS vehicles are in the pipeline as the Chancellor of the Exchequer and the London Market Group prepare to host a reception for ILS investors in Downing Street tonight.
