ILS
-
Inside P&C’s news team runs you through the key highlights of the week. -
With the macro environment drying up capital streams M&A has slowed, but IPOs are reflective of pricing opportunities.
-
Normalized cat returns of 25%-30% do not seem to be persuading reinsurers to dial up risk.
-
Hurricane Ian’s total effect is still unknown, but lessons from Hurricane Irma give insight into potential outcomes.
-
US investments in the ILS and cat bond market are highly concentrated with five companies accounting for 70% of industry investments.
-
Reinsurers are more bullish about their prospects than they have been in years, but start-up and ILS fundraising is a desert.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The broker put ILS capital at $96bn by year end, $1bn lower than mid-2021 but ahead of its $94bn year-end 2020 estimate.
-
The call came after Markel reported Q1 results that included 21% growth and a 5 point reduction in the combined ratio.
-
Courts in Bermuda and the US approved the move, which had earlier been subject to investor litigation.
-
Sources fear that the issue will be buried after the coming legislative elections in November.
-
Negotiations were dragged out by decisions being referred for sign-off at senior levels.
Related
-
SageSure places inaugural $50mn Seawall Re retro sidecar
July 29, 2025 -
PCS cuts its Hurricane Milton loss estimate to $17.1bn
June 05, 2025 -
The Fidelis Partnership takes Arch’s Wells as COO
April 10, 2025