Asia Pacific
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The Australian carrier’s nat cat losses are A$200mn lower than its annual allowance.
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Ex-Tropical Cyclone Alfred has been the costliest event, with A$1.36bn in losses.
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M&A and shifts in distribution arrangements bring risks and opportunities.
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The man is alleged to have conspired with others to falsify LOCs and collateral letters.
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The reinsurance broker said total reinsurance market capacity was up 5.3% year over year.
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The event has caused widespread damage in Bangkok, Thailand.
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The cedant’s Namaka Re bond is offering a spread range of 200-250 bps.
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The bond will provide coverage for Japan typhoon and flood on an indemnity, per-occurrence basis.
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The index delivered a total return of 1.29% for the month of December.
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Standards and guidelines address institutional investors’ concerns over valuation risks.
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Company touts growing investor demand for Asian cat risks.