Everest Re
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The Everest Re group member has been hit by the departure of CEO Rick Pagnani and chief operating officer Michael Beck over the last year.
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A drought of retro cover may bolster Florida rate demands, sources suggest. -
Everest Re and RenaissanceRe have given their support to the initiative.
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The insurer increased its participation at the Japan renewals in April.
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Mt Logan Re's asset base is stable at $1.05bn.
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Buckingham Research analyst Amit Kumar noted that insured loss estimates had been revised up since the early weeks following the August and September events.
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New registrations are expected from the ILS market.
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John Doucette, president and CEO of reinsurance at parent company Everest Re, said the company had shrunk its January catastrophe portfolio.
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At $1.05bn, the Everest Re sidecar has remained stable throughout 2018.
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People moves in the industry in the past month.
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A key question is whether retro dislocation will spill over into reinsurance renewals.
