Reinsurers
-
The firm’s external AuM has grown by 175% from 2019 to $3.3bn in 2025. -
Several Lloyd’s syndicates are also now providing cover for the federal insurer.
-
The sponsor is offering two notes but will only place one depending on market interest.
-
The peril has been historically difficult to model compared to others.
-
The issuance will be the fourth deal offered by the Lloyd’s carrier.
-
Mt Logan’s Q3 loss ratio improved by 44.2 points to 11.5% for the quarter.
-
The shuttering of Munich Re Ventures reflected a focus on the reinsurer’s “core offering”.
-
The largest net individual loss was January’s California wildfires at EUR615mn.
-
As the P&C market shifts, carriers are looking for growth from acquisitions.
-
Insurance penetration varies, but hotels have “near-total” coverage and strong limits.
-
Pre-tax income at the vehicle was $30mn in the first nine months of 2025.
-
The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.
