segment
-
Citizens also secured $1.1bn of limit for its Everglades Re cat bond.
-
The capital will be allocated to a pure cat bond strategy, sources have confirmed.
-
The capital will be deployed by Bermuda-based special purpose insurer Arachne.
-
Rates are still materially higher than pre-pandemic and lower layers are holding firmer.
-
He will report to Kelly Superczynski, Aon’s global head of capital advisory.
-
CFO Christoph Jurecka declined to give a loss estimate for the Baltimore Bridge loss.
-
Gordon was set to join start-up brokerage Juniper Re last month.
-
Combined AuM of UCITS funds stood at $11.3bn as of 26 April 2024.
-
The pension fund’s ILS allocation as of the end of 2023 was CHF300.3mn ($356.8mn).
-
Sanders Re cat bond coverage attaches higher than last year at $5.46bn.
-
The firm said it expects Capital Partners to continue to grow.
-
The practice aligns existing capabilities from Marsh Specialty and others.
-
Aspen said reduced reinsurance appetite made it a good time to seek alternative capacity.
-
The new global bond fund can take a ‘marginal allocation’ to cat bonds.
-
The fund is a continuation vehicle for five of HSCM's life insurance interests.
-
The platform’s ILS holdings comprise cat bonds and UCITs funds, and were up 8% over January and February.
-
The carrier of last resort is proposing total risk transfer of $5.5bn.
-
The former Ledger director was joined by fellow ex-Ledger employees to “hit the ground running”.
-
The syndicate snatched the number one spot from Chaucer’s Syndicate 1176.
-
The firm said it was poised to build on ‘significant growth’ in 2023.
-
Juniper Re Bermuda received preliminary approval from the BMA last month.
-
Reinsurers have a "strong desire" for growth, but not at the expense of underwriting.
-
The broker said 1 April Japanese renewals reinforced positive trends in the US at 1 January.
-
The fund will follow an existing Twelve strategy and add short-term corporate bonds.