ILS
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In the journey to create a new asset class, there are many staging posts that have to be passed.
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Daljitt Barn follows recent arrival Paul Jardine onto the advisory board of the start-up.
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The initial estimate pegs Camp at $9.8bn and Woolsey at $4bn -
Lion Rock Re has secured commitments of $75mn from third-party investors.
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The deal had provided the ILS manager with domestic US paper to access insurance business.
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The insurer's stock plummeted Friday after the company announced probe into ILS funds.
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The exit comes ahead of Lloyd’s closure of Special Purpose Arrangement 6129.
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The investigation is looking into accounting for loss reserves for 2017 and 2018.
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Jo Kendall joins from Willis Re, where she led the London specialty cat modelling team.
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The $15bn-$20bn wildfire losses have caused the ILS-dominated retro market to seize up.
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Mt Logan will not be the only reinsurer vehicle impacted by Stone Ridge’s retractions, but has emerged as the first such example.
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The Californian earthquake bond priced at the upper end of guidance.
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