-
The two lines will add £11mn in planned premium. -
The reinsurer stressed it “did not shy” from cat business in 2023.
-
Class actions and third-party litigation funding will drive up losses.
-
In July, he took the role on interim basis from Laure Forgeron.
-
As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
-
The facility will initially focus on US, Bermudian and European business.
-
The Bermuda reinsurer has been active in ILS since launching in 2007.
-
Inigo executives told Insurance Insider last year they were weighing up the casualty treaty market.
-
The combined casualty treaty team has also made a number of hires.
-
Reinsurer executives stressed that the industry worked hard on setting the right structure.
-
Blackstone-style capital seeking to get closer to source is a net negative for reinsurers.
-
Sources said that the carrier has held preliminary talks with private debt investors.
