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The outcome of Eaton Fire subrogation is an uncertainty for some vehicles.
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Carriers are grappling with a rush of investor interest in longer-tail lines.
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Mt Logan’s Q3 loss ratio improved by 44.2 points to 11.5% for the quarter.
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Pre-tax income at the vehicle was $30mn in the first nine months of 2025.
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CFO Vogt added that the vehicle’s impact from earned premiums should ramp up from 2026 through 2029.
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Competition on price from traditional markets is weighing on bond market momentum.
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The sidecar was launched today by the Bermudian reinsurer and investment firm Carlyle.
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The capital will provide retro cover for life-focused reinsurer Fortitude Re.
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Investor interest is warming up following a colder spell over the past several years.
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Key topics include private ILS growth prospects and the longevity of longtail interest.
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A cat-focused vehicle is “the missing piece” of Hannover Re’s ILS offerings, said Silke Sehm.
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It is understood around $1bn of premiums could be ceded to the proposed vehicle.
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The Bermuda reinsurer has been active in ILS since launching in 2007.
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The sidecar will support five programs providing specialty frequency coverages.
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Sources said that the carrier has held preliminary talks with private debt investors.
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Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
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Ryan Alternative Capital Re was launched in partnership with Axis Capital.
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The vehicle will be capitalised by an asset manager with more than $100bn in AuM.
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Bohm has held senior roles at BMS, Swiss Re and Aon during his career.
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The capital supported sidecar-style syndicates and reinsurance start-ups.
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The agency noted inflows to cat bond funds and investor interest in private ILS.
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Dedicated reinsurance capital is on track to increase by 8% in 2025, the broker said.
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The global specialty player is also exploring ILS offerings across specialty and cat bonds.
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The CUO has added the role of head of private ILS, joining the executive team.
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The purchase brings Sompo an established ILS platform as part of the deal.
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The ILS play will make the business more capital efficient under new owner Sixth Street.
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The reinsurer plans to repeat its 2025 purchasing for property and specialty protections.
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The sidecar took $19mn of cat losses relating to the California wildfires.
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In Q2 last year, Everest ceded $26mn in losses to Mt Logan.
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Investors are drawing lessons from life deals to find new routes into insurance markets.
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The vehicle will support Ascot’s casualty business in the US and Bermuda.
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The Bermuda SPI will write a quota share of SageSure’s captive Anchor Re.
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The PRA will also have to report on turnaround time for new approvals against 10-day and six-week targets.
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The Diversified Alternative Fund’s allocation to cat bonds was up by 31% from $386mn at 31 January.
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The Cayman Islands-domiciled SPI now has four institutional backers.
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Property cat-focused sidecar capital was up by approximately 10% in H1.
