ILS
-
The two-tranche deal will provide US storm and Canadian quake cover. -
Syndicate 2358 will write specialty risks, an expansion from the Markel-owned platform's historic focus on property catastrophe.
-
The launch will mark the third follow-only syndicate in the works within the Lloyd’s market.
-
This comes after Everest Re previously let a mid-year renewal lapse, with ILS capacity scarce.
-
ADIA, Crestview and CVC back a fundraise equivalent to 45 percent of pre-transaction equity.
-
The London market veteran holds several advisory positions and assists the UK government.
-
The carrier retained more risk in the first layer of its programme.
-
The impact of the pandemic on the mortgage insurance market has been muted thus far.
-
The London Matters report finds EC3 lost reinsurance market share between 2015 and 2018.
-
The carrier will only issue the smaller of its two planned deals.
-
Private equity is looking for opportunities to capitalise on the Covid-19 dislocation.
-
Minimum standards will include full communicable diseases and wildfire exclusions, the ILS fund has said.
