-
The allocation is around 3% of the fund’s total assets. -
Jonathan Rinderknecht was arrested Tuesday on destruction of property charges.
-
The insurer of last resort currently has $2.15bn of cat bond protection on risk.
-
Toh joins from Nephila, where he spent the last decade, bringing expertise in ILS.
-
The alternative asset manager was founded in 2021 with offices in London, New York and Abu Dhabi.
-
Founder and CEO of Nascent Andre Perez will join Sephira’s board of directors.
-
It is understood around $1bn of premiums could be ceded to the proposed vehicle.
-
Sources have said $1bn+ of fresh capital from the region is expected to be deployed in 2026.
-
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
-
Improved performance and growing investment returns played a role in the upgrade.
-
A roundup of all the news you need, including Augment and Cohen’s ILS facility.
-
The business has been ~70% owned by White Mountains since January 2024.
