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The state’s top carriers have received roughly 4,500-4,600 new cases each month since June.
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Still some way off Category 1 intensity, Paulette is expected to reach the Leeward Islands on Thursday night.
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The Bermudian manager is looking to broaden its platform. -
The $59.1bn pension’s ILS allocation stands at 1.6% of the fund.
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Total equity and debt raised this year if the $300mn target is reached would approach $1.5bn.
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The ILS manager expects investments will have low correlation with the financial markets.
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LGT ILS Partners, Swiss Re and Pool Re's Baltic Re cat bond were among the winners of the Trading Risk awards 2020.
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Kristofer Sannemalm joins the growing new platform helmed by Lixin Zeng and Richard Lowther.
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The appointment fills a role that had been left vacant since Donaghy was named CEO last summer.
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The executive joins after 15 years at the Fairfax-owned carrier.
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Insurers need to “be ahead of the game” on rate increases, company officials told Trading Risk.
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Cedants faced a hard market in the mid-year renewals.
