Reinsurers
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The bond initially sought $425mn across three tranches. -
His leadership roles included overseeing the firm’s capital solutions group.
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The firm’s assets under management were down $300mn in Q1 as performance fee income was hit.
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This year’s ceremony will include the inaugural Women in ILS Award presentation.
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The carrier announced a major writedown in its L&H book last year.
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Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
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Torrey Pines Re is split among three tranches of notes.
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The prediction comes after a highly active hurricane season in 2024.
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Markets have taken a battering across the globe following the “Liberation Day” announcement.
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The reinsurer said the probe concerns the alleged involvement of its former chairman.
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Colorado State University is predicting 17 named storms, nine hurricanes and four major hurricanes.
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Insurance share prices were more resilient than the US stock market.
