-
The bond will provide storm protection in Florida and South Carolina.
-
Fermat and GAM announced that the former will take sole control of the GAM FCM Cat Bond Fund.
-
The deal will provide named Florida storm protection on an indemnity, per occurrence basis.
-
Florida Citizens upsized its latest Everglades Re deal by 50%.
-
The buzz in the air at ILS Connect told of a market entering its next growth phase.
-
Commutations need to be optimal for the sponsor and the investor to avoid sponsors taking back chunky risks.
-
The CEO said private ILS funds can generate additional returns of 10%-20%.
-
Richard Pennay also addressed the dip in cyber ILS activity.
-
Private ILS would benefit from extension spreads to manage investor concerns, the CEO argued.
-
-
The ILS manager also swung to an operating profit after posting a loss in Q1 2024.
-
All 29 funds tracked by the index returned a positive performance.