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Twia wind season purchase has $1.2bn still to place for 2024-25
Twia needed to purchase $3.35bn of reinsurance to satisfy its $6.5bn 1-in-100 PML.
Jai Singh
,
08 May 2024
Munich Re expects stable reinsurance rating environment for 2024
CFO Christoph Jurecka declined to give a loss estimate for the Baltimore Bridge loss.
Rachel Dalton
,
08 May 2024
Ariel Re targets $100mn of Titania Re retro cat bond limit
The index-based coverage will be for the benefit of Lloyd’s Syndicate 1910.
Jai Singh
,
08 May 2024
Munich Re P&C combined ratio improves 11.2 points to 75.3%
The carrier reported a P&C re net result up 44% to EUR1.8bn.
Rachel Dalton
,
08 May 2024
ILW specialist Barry Gordon U-turns on Aon exit
Gordon was set to join start-up brokerage Juniper Re last month.
Jai Singh
,
07 May 2024
ESMA opens review into UCITS cat bond eligibility
Combined AuM of UCITS funds stood at $11.3bn as of 26 April 2024.
Jai Singh
,
07 May 2024
Leadenhall alleges collateral fraud against 777 Partners in NY court
The ILS manager claims that 777 Partners “double-pledged” collateral.
Liz Bury
,
07 May 2024
Pensionskasse Basel-Stadt to pull out of ILS
The pension fund’s ILS allocation as of the end of 2023 was CHF300.3mn ($356.8mn).
Jai Singh
,
07 May 2024
Everest’s Mt Logan ceded losses increase 6% to $38mn
Over Q1, the loss ratio improved by 34.6 points year on year to 43.7%.
Jai Singh
,
07 May 2024
Atela Re prices up, $550mn of target limit enters market
The Mexican government’s IBRD quake bond priced 4% ahead of guidance.
Jai Singh
,
07 May 2024
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