InsurTech start-up Extraordinary Re has signed a deal with exchange operator Nasdaq to use its technology to run a new insurance-linked securities trading platform.
Leadenhall Capital Partners has confirmed the launch of a new fund at the January renewals which covers remote risk, sister publication Trading Risk has reported.
Zenkyoren's Nakama Re 2018-1 cat bond has more than doubled in the course of marketing to reach $700mn, after being marketed with an initial size of $250mn, sister publication Trading Risk has learned.
Floridian carrier Heritage Insurance Holdings expects to claim $104.4mn from several tranches of its Citrus Re cat bond issuances following Hurricane Irma, sister title Trading Risk has learned.
RenaissanceRe's third-party capital platforms have engaged in substantial fundraising following hurricanes Harvey, Irma and Maria, the carrier revealed in its Q4 results.
Zurich-based insurance-linked securities (ILS) manager Solidum said it has issued a private cat bond using a blockchain that will be opened to other ILS investors.