-
There were 220 trades in the secondary market in Q4, as aggregate and Florida bonds were less liquid. -
The carrier will recognize a $6.8mn after-tax loss associated with the LPT agreement during the first quarter of 2022.
-
This is Allstate’s first entry to the cat bond market in 2022.
-
Insurers will prioritise claims made by affected policyholders, and claims will be triaged to direct urgent assistance to the worst-affected property owners
-
TransRe cut its property book by more than 25% but replaced it with casualty growth.
-
The manager’s Bermuda and Chicago teams have been boosted in recent months.
-
CEO Mumenthaler emphasised cat as a “core competence” for the carrier.
-
The carrier’s P&C unit delivered a $2.1bn net profit that compared to a loss of $271mn the prior year.
-
The start-up Bermudian reinsurer has focused initially more on quota share.
-
His departure follows the closure of retro platform Lodgepine and Markel’s cat exit.
-
Coca Cola has downsized its ILS holdings almost every year since 2017.
-
The mid-year renewal will be a challenge as rates increase to reflect market costs
Most Recent
