ILS
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The head of investment management at insurance-linked securities (ILS) manager Twelve Capital, John Butler, is leaving the firm, sister publication Trading Risk reported yesterday
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Axis Capital is seeking $250mn from a second cat bond, Northshore Re II 2017-1, which will cover a number of its subsidiaries, Trading Risk understands.
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Specialty (re)insurer Neon has recruited Argo's reinsurance buyer Mark Gibson, who is likely to start work at the firm this summer, sources told sister publication Trading Risk.
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The head of investment management at ILS manager Twelve Capital, John Butler, is leaving the firm, sister publication Trading Risk reported yesterday.
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The World Bank’s International Bank for Reconstruction and Development (IBRD) is targeting $100mn from its first pandemic cat bond, which forms part of plans to raise a larger pandemic financing facility.
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Michael Millette’s Hudson Structured Capital Management said it hoped to do further transactions with Bermudian reinsurance platform MultiStrat after completing a $20.1mn run-off deal linked to workers' compensation liabilities.
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Generali is targeting EUR200mn ($223.5mn) from its Lion II Re 2017-1 cat bond, which is the first insurance-linked securities (ILS) deal to include European flood risks, sister publication Trading Risk reported last week.
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Lloyd’s plans to form an insurance-linked securities (ILS) trading platform could be realised once Brexit matters have been dealt with, according to its outgoing chairman John Nelson
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Tokio Millennium Re is seeking $250mn of reinsurance cover from its Spectrum Re 2017-1 cat bond, according to sister publication Trading Risk
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Allstate allowed a $175mn gap fill layer to lapse when it renewed its $4.42bn nationwide excess catastrophe reinsurance programme ahead of the start of the 2017 hurricane season
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Allstate allowed a $175mn gap fill layer to lapse when it renewed its $4.42bn nationwide excess catastrophe reinsurance programme ahead of the start of the 2017 hurricane season.
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Capital repatriation slowed down in the first quarter compared to the same period of last year for most P&C (re)insurers in our coverage universe, with share repurchases proving unattractive as operating earnings subsided