Guy Carpenter
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Potential sidecar investors include alternative asset managers and ILS firms.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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A US landfall is not expected, but the storm could hit the Bahamas by Friday.
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EMEA CEO Laurent Rousseau said reinsurance must retain its relevance to investors.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The trend for private credit in alternative asset management is “set to continue”.
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Matthew Flynn joins from RenaissanceRe.
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In the US, the index fell 6.7% year on year.
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A group of Bermuda staff also left the broker.
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The Bermuda-based team is led by John Fletcher.
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The headcount at the start-up now stands at around 40.
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The catastrophe bond comes after the issuance of a Mayflower Re bond last year.