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Secondary market pricing implies the sponsor could recoup a total of $50mn on the 2022-1 A note.
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North Carolina Farm Bureau raised $500mn with its latest Blue Ridge Re cat bond deal.
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The firm anticipates potential growth in cyber cat ILS similar to property cat ILS post-2005.
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The cat bond market is on course for $56bn of notional outstanding by the end of this year.
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The outcome of Eaton Fire subrogation is an uncertainty for some vehicles.
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The peril has been historically difficult to model compared to others.
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Insurers with SCS exposure reaped fewer benefits but still improved over Q3 2024.
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Carriers are grappling with a rush of investor interest in longer-tail lines.
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The shuttering of Munich Re Ventures reflected a focus on the reinsurer’s “core offering”.
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The carrier attributed the results to a significant fall in major-loss expenditure.
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The charity said that improved ecosystems could help protect from disasters.
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Brant Loucks is one of four promotions across the Capital Partnerships and reinsurance units.
