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The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn. -
The program will provide excess casualty coverage across a broad range of industries.
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He joined what was then Credit Suisse ILS in 2019, moving from Hiscox Re & ILS.
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The executive formerly served in senior leadership roles at Nomura, Credit Suisse and Goldman Sachs.
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The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.
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The Floridian company applied to be traded on the NYSE.
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This is the first time the Texas Fair Plan has entered the cat bond market.
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Fellow Swedish pension fund AP3 is phasing out its ILS allocation after being active in the sector since 2008.
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The deal of the size was unchanged at $100mn.
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He joined Nephila in 2023 from Lancashire as a senior underwriter.
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US Coastal Property and Utica Mutual Insurance have brought out their first cat bond deals.
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Portfolio rebalancing was not triggered last week, but investors are now distracted and nervous.
