Casualty treaty
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The sidecars will provide capacity for reinsurers and large insurance carriers. -
John Kulik will work within Ledger’s broking team, Ledger Investing.
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Weston Tompkins spent 10 years in an investor relations role at Securis.
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ILS offers efficient capital for underwriters, but casualty ILS transactions are complex.
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The ILS manager’s total AuM increased to $2.2bn in 2024 from $1.7bn the year prior.
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Investors want transparency from managers regarding the impacts of climate change.
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The buzz in the air at ILS Connect told of a market entering its next growth phase.
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Commutations need to be optimal for the sponsor and the investor to avoid sponsors taking back chunky risks.
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Investor interest and capital flows point to potential for ILS proliferation.
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The carrier increased its cession by around 13% year over year.
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The vehicle will take a quota share of all of the risks underwritten by Ryan Specialty’s MGA arm.
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Industry sources estimate the market to be around $3bn.
