ILS

The manager has gained increments from existing investors and inflows from new ones.

The Bermuda-based platform primarily fronts property catastrophe treaty reinsurance for LGT's ILS funds.

Five counterparties account for almost half of all premiums ceded by a sample of major Floridian carriers, analysis shows.

The firm has posted a combined ratio of 75.4% for 2022.

Remaining ILS staff will now report into the group’s CFO.

The non-catastrophe ILS platform hit a valuation of $1bn after a Series C funding round.

After more than a decade at ILS platforms, Brooks has returned to a broking role.

Year to date returns have reached 3.08%.

Welcome to the 2023 Trading Risk Awards, where the best and brightest in the ILS market are recognised for their achievements from the past year – and what a year it was.

The reinsurer lifted net reinsurance premiums by 38%, although, on a gross basis, growth was lower at 5%.

The marketing executive previously worked at iCapital and Fitch.

Capital has begun to flow again after a challenging time for ILS fundraising in 2022 – but there is a clear shift underway.