Trading Risk

Apex hires Charleson to head ILS services

Apex Group has hired Matthew Charleson from Kane LPI Solutions to lead the expansion of its service offerings to the ILS fund market.

Trading Risk, 18 October 2017

XL Galileo cat bond suggests price rise

XL Catlin has launched a $150mn Galileo Re cat bond which gives an early indication of rate increases, Trading Risk understands.

Trading Risk, 18 October 2017

New Residential Re cat bond among first post-HIM ILS deals

USAA is seeking to raise $225mn from a new cat bond, according to Trading Risk sources

Trading Risk, 18 October 2017

Retro rates expected to rise +25% at 1/1

Retrocession rates are expected to rise by 25 percent or more at the 1 January 2018 renewals after the extensive losses of this year, sources said.

Trading Risk, 18 October 2017

Apollo to become majority owner of Catalina

Private equity firm Apollo Global Management has agreed to lift its stake in legacy carrier Catalina to a majority ownership position.

Trading Risk, 17 October 2017

Argo forecasts up to $110mn HIM cat loss

Loma Re cat bond sponsor Argo said that more than a third of its estimated $85mn to $110mn pre-tax net catastrophe losses in Q3 would stem from Ariel Re.

Trading Risk, 17 October 2017

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