AuM data
-
The insurer also emphasized that it realised more than $300mn from selling two MGA operations. -
AIG’s Q3 net cat losses of $600mn included $450mn from Hurricane Ian.
-
The ILS platform has dipped to $7.8bn in assets under management, as ILS revenues were down 44% after the sale of Velocity.
-
The reinsurer’s CFO and COO Michael Dennis has been named CEO, subject to immigration approval.
-
The fund’s allocations to general and life insurance investments have grown year over year.
-
Evanston Insurance Company, a subsidiary of Markel, backed the move.
-
The group-level cat impact to the combined ratio improved 0.3 points to 1.8.
-
Inflows allowed the unit to step up to the distressed Florida market.
-
The ILS firm reported $8.5bn of assets under management at mid-year.
-
The investor will manage a portion of the Bermudian’s assets.
-
Jacquet previously served for five years at Credit Suisse ILS.
-
The hardening rate environment in Florida provided a mid-year opportunity for some, but overall there was little growth.
