-
This was the second issuance completed by Farmers via its Bermuda reinsurance vehicle Topanga Re.
-
The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.
-
PoleStar Re Ltd 2026-1 includes three sub-layers, which run for a three-year term.
-
The industry has continued to build and innovate through a third strong year of performance.
-
The firm will support administration of casualty ILS and other data-rich transactions.
-
North Carolina Farm Bureau raised $500mn with its latest Blue Ridge Re cat bond deal.
-
Demand for top layer coverage may also need to be supported by underlying market growth.
-
The firm anticipates potential growth in cyber cat ILS similar to property cat ILS post-2005.
-
The venture will launch in early 2026 and include captives, ART, cyber ILS and specialty (re)insurance elements.
-
Growth included a $240mn increase in partner capital in DaVinci equity plus debt.
-
Carriers are grappling with a rush of investor interest in longer-tail lines.
-
On a nine month basis, fee income was up nearly 30% to $146mn.
