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The carrier is working with brokers and members' agents to source the additional capital. -
The giant marine reinsurance mutual picks its brokers after a lengthy tender.
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The cat loss modeller says 20,000 residential buildings were damaged.
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Only two Florida-specific bonds hit the market in the period.
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The reinsurer has raised $530.5mn of Sector Re debt since December.
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The insurance industry veteran was recognised for his services to the government and the economy.
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ILS and Lloyd's syndicates are understood to be on risk for the Lottoland loss.
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Hail, strong winds and flash floods blamed for losses across central and eastern US.
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Anna Sweeney of the Prudential Regulation Authority has warned that firms “may be taking false comfort” from losses that turned out to be largely manageable.
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Reinsurance sector capital is set to reach record levels by 1 July this year.
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Brent Slade will join the new operation from Horseshoe Group.
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The reinsurance group will no longer offer investors actively managed vehcles.
