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CatX appoints Jon Wood origination chief as it targets growth

The firm’s deals so far have covered cat risk, with space ILS in scope for the future.

Jai Singh, 02 September 2024
Concerns raised over aspects of BMA’s segregated account guidance

The Bermuda regulator is consulting on a refresh of its rules that will be in force as of 1 January 2025.

Liz Bury, 02 September 2024
Ascot’s ILS platform timed with ‘major, multi-year commitment’: CEO Keith

The subject business of the deal is Ascot’s ~$1bn property portfolio.

Liz Bury, 30 August 2024
Record ILS year came as risk transfer needs ‘at their greatest’: Aon

Growth was driven by strong returns and new investors entering the market.

Jai Singh, 30 August 2024
Geographical diversification can cut cloud-outage risk: research

Portfolios of clients of varying size in the same region aggregate more risk.

Rachel Dalton, 30 August 2024
Howden hires Potter for capital markets division

The executive has held senior alternative capital roles at Aon and Guy Carpenter.

Rachel Dalton, 30 August 2024
Aon’s White Rock sues CCB for $140mn over Vesttoo scandal

White Rock claims CCB was responsible for the “lion’s share” of fraudulent letters of credit.

Clark Mindock, 30 August 2024
Allstate gets green light for 34.1% rate hike in California

The rate change will be implemented in November.

Jai Singh, 29 August 2024
Typhoon Shanshan makes landfall as Cat 1 storm

Nissan and Toyota closed their factories due to the winds.

Jai Singh, 29 August 2024
CatIQ pegs Jasper wildfire insured losses at C$880mn

The Insurance Bureau of Canada said the blaze damaged one-third of the Jasper community.

Abbie Day, 28 August 2024

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