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The firm’s deals so far have covered cat risk, with space ILS in scope for the future. -
The Bermuda regulator is consulting on a refresh of its rules that will be in force as of 1 January 2025.
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The subject business of the deal is Ascot’s ~$1bn property portfolio.
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Growth was driven by strong returns and new investors entering the market.
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White Rock claims CCB was responsible for the “lion’s share” of fraudulent letters of credit.
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The executive has worked for Scor, RMS, Aon and SiriusPoint, among others.
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Building better exposure datasets could draw a broader range of investors.
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Reinsurers continued to diversify into primary and specialty business.
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The insurer currently has $300mn of reinsurance limit from cyber cat bonds.
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The ILW specialist is believed to be exploring new opportunities.
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