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People moves in the industry in the past month.
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Experts at Trading Risk’s London ILS Conference gave a mixed report on investor appetite and opportunities in the sector.
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The executive predicts more differentiation between cedants at the upcoming Florida renewals.
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The reinsurer’s ILS team has reshuffled responsibilities as Vincent Prabis moves on from the fund manager.
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The New Mexico Educational Retirement Board pension fund invested in ILS via ILS Capital Management.
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Reinsurer-owned ILS managers reported mixed outcomes in terms of assets under management (AuM) in their Q4 results.
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Juan Prado was previously a senior vice president at RenaissanceRe Ventures.
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The sidecar’s cat claims came in just under the $323.7mn level recorded in 2017.
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Catastrophes and large claims dragged Bermuda-based Hiscox Re and ILS to a $23.2mn loss for 2018.
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The insurer’s Q4 cat losses take yearly total to EUR1.29bn.
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It took a steeper 2018 loss from the ILS platform than in 2017.