-
The event could unpack issues around accumulation risk and cloud services.
-
The deal economics take into account the investment return that Longtail Re can leverage.
-
This is lower compared to 8.2% recorded by the index in H1 2023.
-
The latest Kilimanjaro Re, 3264 Re and Gateway Re deals all priced.
-
Cat bond spreads stabilised as maturities brought capital to deploy into the market, after an earlier spike.
-
Cat bond deals placed last week amounted to $150mn of issuance.
-
ILS capital so far is viewed by sponsors as strategic rather than essential.
-
A degree of pricing volatility was evident in the market this week.
-
The firm is the sole provider to offer index services in the US.
-
The shift in market dynamics reflects $1.8bn of maturities last week.
-
Sub-1% management fee and performance fee-only structures have evolved in ILS.
-
Market sources are speculating on the reasons behind the spread widening on index-based deals.