Specialty insurer Brit Ltd. has launched Sussex Specialty Insurance Fund to offer insurance linked securities (ILS) investors access to Lloyd’s risk. It is the first ILS fund in the Lloyd’s of London market. The SIF will allow Sussex to offer …
In the latest edition of its Aon Benfield Aggregate (ABA) report, which analyses the financial results of 31 major reinsurers in 2014, Aon Benfield confirmed earlier estimâtes that global reinsurer capital rose by 6 percent to $575 billion in 2014, …
The sixteen member countries of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) has published an announcement, which points out that the organization “will benefit from the first ever catastrophe bond issued by the World Bank (International Bank for Reconstruction and …
