Asia Pacific
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The carrier first issued Phoenix in 2021 with a size of $42mn. -
The two funds feed into the $892.5mn Schroder IF Flexible Cat Bond Fund.
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Toh joins from Nephila, where he spent the last decade, bringing expertise in ILS.
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Equivalent to a Category 5 hurricane, Ragasa is the world's strongest storm this year.
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The major storm is set to move on to mainland China later in the week.
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Samild held multiple roles including head of alternatives at the Future Fund.
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The firm has also updated the loss-calculation engines of existing Jeannie tools.
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Millions are evacuating after one of the strongest earthquakes in modern history.
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Insured losses produced the second highest first-half tally since records began in 1980.
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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.
