-
The reinsurer took $743mn of nat-cat losses in the quarter.
-
The fund will be denominated in US dollars and digital currencies.
-
The sidecar was established to enhance RGA’s access to capital for its US asset intensive business.
-
The capital being returned to shareholders is part of a compulsory partial redemption.
-
Fema's traditional reinsurance programme will attach at losses of $7bn and above.
-
The new funds will target the US wealth market through financial professionals.
-
Tyler left Gallagher Re earlier this year.
-
The reinsurer confirmed its intention to reduce the K-Cession sidecar for 2025.
-
Cheaper traditional reinsurance as of mid-year may have dampened deal pipeline.
-
The failure of a Jamaica bond to pay out following Hurricane Beryl damage has brought focus onto the deals.
-
Daniel Ineichen, former co-head of ILS, had been with the company for nearly two decades.
-
In other property, Helene and Milton will assure rates remain attractive, he added.