-
The bond will provide coverage for named storms in North Carolina.
-
The reinsurer has cut the cession rate to 33% from 40% last year.
-
Theokli joined the company in 2021 as a senior underwriter.
-
The reinsurer added two new tranches to its 2025 issuance.
-
Peril- and geography-specific deals are being well received by investors.
-
A negative January return will be unprecedented for ILS industry.
-
The index delivered a total return of 1.29% for the month of December.
-
-
Investment in the space comes mainly from the cat bond market, Gallagher Re said.
-
Over-subscriptions have been evident on well-priced US cat treaties.
-
Increased reinsurance capacity was more than sufficient to meet continued growth in global demand.
-
The firm has commenced writing collateralised retro and reinsurance but its rated launch is still pending.