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Allstate redeems $37.5mn of Castle Key cat bond limit for Florida
The multi-peril coverage was due to expire in June 2026.
Jai Singh
,
28 March 2024
Lloyd’s London Bridge could add $1bn in the coming year
The platform distributed ~$50mn to investors for 2023.
Jai Singh
,
28 March 2024
Profits soar for Nephila syndicates 2357 and 2358
Follow-only specialty Syndicate 2358 has reported a profit in both years since its launch.
Jai Singh
,
28 March 2024
Twelve Capital starts new multi-asset ILS fund with $100mn
The fund will follow an existing Twelve strategy and add short-term corporate bonds.
Jai Singh
,
28 March 2024
Beazley to offer additional follow capacity via Ki
The partnership will add more capacity on the platform from April.
Rachel Dalton
,
28 March 2024
Pricing drops 9% on SureChoice and Elevate Gateway Re deal
The carriers are seeking $130mn of Class C named storm coverage.
Aisling Finn
,
27 March 2024
Allied Trust’s Sabine Re prices at midpoint of previous guidance
The bond is Allied Trust’s debut issuance.
Jai Singh
,
27 March 2024
Brit returns $20.8mn to third-party investors in 2023
The carrier closed its Sussex Diversified Fund in October last year.
Rachel Dalton
,
27 March 2024
PartnerRe premiums ceded to Lorenz Re fall by 20% to $529mn in 2023
The carrier’s non-life combined ratio improved by 5 points to 81.6%.
Kyoung-son Song
,
27 March 2024
Hart steps down as Bermuda Development Agency chief
The executive joined the organisation in 2021.
Rachel Dalton
,
27 March 2024
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