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The carrier has recognised two separate losses for the Palisades and Eaton fires. -
The value of its investment in RenRe stood at $330.4mn as of 30 June 2024.
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Derrick Easton has led Willis’s US ART team since joining the company in 2015.
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Programs did not offer adequate risk-adjusted return.
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Shreeve’s role will encompass the Aon Captive & Insurance Managers’ ILS business.
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Capital inflows, notably into UCITS funds, and accumulated returns supported issuance of $17.2bn in 2024.
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Theokli joined the company in 2021 as a senior underwriter.
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The deal priced below guidance for the Class A and Class B tranches.
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The carrier previously raised $125mn via an Ocelot Re cat bond in 2023.
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The Integrity Re bond is structured into five tranches.
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The deal has upsized by around 64% compared with the initial target.
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The offering is a collaboration with Generali and parametric carrier Descartes.
