-
Aspen’s gross premium cession ratio grew 7.1 percentage points to 42.2%.
-
The sidecar took $19mn of cat losses relating to the California wildfires.
-
Around 95% of the Hiscox Re & ILS portfolio is rated rate “adequate” or better.
-
The unit said capital in the ILS market remains more than adequate to meet rising demand.
-
In Q2 last year, Everest ceded $26mn in losses to Mt Logan.
-
Investors are drawing lessons from life deals to find new routes into insurance markets.
-
The vehicle will support Ascot’s casualty business in the US and Bermuda.
-
The firm attributed a 9% drop in reinsurance NWP partly to higher cession rates.
-
The legacy player is working to secure its first deal, and could look to expand to US E&S.
-
The Bermuda SPI will write a quota share of SageSure’s captive Anchor Re.
-
The merged business of Twelve Securis ranked third among ILS managers for AuM, behind Fermat and RenRe.
-
Reserve releases helped to recapture deferred fees.