ILS

Sources had already estimated that capacity in the £2bn market could fall by 20 percent for 2020.

The industry can offer cover on climate risks but should also look at resilient investments, the Bank of England governor said.

The expanded entity will develop common products and funds, according to Coriolis CEO Diego Wauters.

The launch follows the carrier’s decision earlier this year to put CatCo into run-off.

The MS Amlin-owned ILS fund is speaking to Lloyd’s about new entry routes to the Corporation for open-ended ILS funds.

Peter Mills teams up with Tim Griffiths to launch London-based Pyrrhic Re.

The reinsurer also reiterates optimism about the 1.1 renewals.

The Insurance Insider takes a look at reinsurance market dynamics after “near-miss” Dorian.

The reinsurer is considering creating a separate balance sheet that could write risks on behalf of third-party investors, akin to the Vermeer Re vehicle managed by RenaissanceRe.

The launch comes after six years of Nephila using Asta's turnkey services.

In Monte Carlo presentation, the ratings agency also predicts a "flight to quality" among ILS investors.

Andrew Barnard will serve as CEO of new ILS platform Lodgepine with two colleagues taking on investment management roles.