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Ledger expands with Caymans plays as Fermat takes on casualty funds

The moves mark a major step in realising “trillion dollar” casualty ILS potential, according to Ledger Investing CEO Samir Shah.

Liz Bury, 06 August 2024
Kahramanmaras 2023 earthquakes cost 116.9bn Turkish lira: Perils

It consisted of three major earthquakes within a nine-hour period on 6 February 2023.

Abbie Day, 06 August 2024
ILS Advisers Index gains 0.76% in June

Returns were 4.37% in H1 2024 against 5.4% in H1 2023.

Jai Singh, 05 August 2024
The union of ILS and legacy has not run smooth (again) with Gibson Re

ILS investors’ stress over Gibson Re is unlikely to inhibit legacy ILS’s future.

Liz Bury, 05 August 2024
Berkshire Q2 reinsurance CoR rises 2.9 points to 81.8%

Geico more than tripled underwriting profits.

Jairo Ibarra, 05 August 2024
Cat 1 Hurricane Debby nearing landfall on Florida Big Bend: NHC

The ‘life threatening’ hurricane has potential for “historic heavy rainfall” in the southeastern United States.

Abbie Day, 05 August 2024
HO InsurTech Slide sets analyst meeting for possible $200mn-$400mn H2 IPO

A Q3 listing remains a possibility, but the timeline can change rapidly amid storm season.

Jairo Ibarra, 02 August 2024
Citizens asks for 13.5% rate increase

The Citizens board approved the increase in June.

Shelby Rosenberg, 02 August 2024
CrowdStrike industry loss estimated at $300mn-$1bn: GC

The broker said less than 1% of companies globally with cyber insurance were impacted.

Ayesha Venkataraman, 02 August 2024
BNP Paribas to acquire Axa IM, creating a EUR1.5tn manager

The deal will include Axa IM’s alternatives funds including ILS.

Jai Singh, 02 August 2024

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