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The denial followed this publication’s report that Covéa had renewed its intentions to buy the reinsurer. -
Investors may be able to recoup between $15mn-$18mn of principal.
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In an amended complaint, the ILS manager claims A-Cap has exerted control beyond its equity interests.
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Francine is expected to make landfall in Louisiana tomorrow.
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The mutual’s approach comes as Scor continues efforts to fight back from performance issues including a flare-up in L&H.
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AI’s ability to analyse vast datasets will help in matching risk to capital.
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He will be based in the Bermuda office and work to develop the underwriting associates.
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Demand for peak peril retro increased significantly in Q2 2024.
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Cat bond funds continue to draw interest as private ILS more challenged.
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The headline figure of $7.15bn includes $2.91bn of DaVinci equity plus debt.
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Some Canadian cedants have approached the market for top-up cover.
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Guy Van Hecke has spent the last 26 years working at Axa, starting at Axa Corporate Solutions.
