-
Several new awards are up for grabs at this year’s event.
-
A $30bn industry loss would use one-third of Big Four’s 2025 cat budgets.
-
ILS managers expect the losses to have some impact on future cat bond spreads.
-
The reinsurance attaches at $7bn, unchanged for the past two years.
-
The strategy launched on 1 January, winning mandates from several investors
-
The carrier is the largest writer of homeowners’ multi-peril in the state.
-
As fires still rage, many fear early $10bn-$20bn estimates were too optimistic.
-
The ILS and reinsurance broker was established last October by Raj Jadeja.
-
Amin Touahri spent five years in a variety of roles at Munich Re.
-
Aetna, Inigo and GeoVera were the three sponsors seeking lower multiples.
-
The index’s performance in November was stronger than the prior year, although YTD returns are behind 2023.
-
Compressed cat bond spreads could drive some rebalancing, as M&A remains a prospect.