Retrocession
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Who is willing to pay up when 2019 is widely expected to bring a return to pre-HIM conditions?
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Uncertainty around industry losses from the 2017 disasters was beyond what would normally be expected at this point after an event.
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The executive will focus on retrocessional property catastrophe business at the Bermuda company.
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The new ILS manager is using a fund-of-funds approach to target institutional investors.
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The Lloyd's insurer launched its UK-based sidecar NCM Re with $72mn of capital in January.
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The executive is currently head of the broker's local retrocessional practice.
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The CEO says the carrier will look to "optimise" the structure of its property reinsurance programme at the May renewal.
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Trapped ILS capital may turn out to be lost capital as claims from last year develop, according to QBE Re chief underwriting officer Jonathan Parry.
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While 2017 was a challenging year for the ILS market, it may not have been the year of "the great test", according to Leadenhall CEO Luca Albertini.
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Novae CEO Matthew Fosh has exited yet another line of business in the form of US property cat as he continues to reposition the London-listed firm in an effort to restore investor confidence following a succession of missteps.
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