Hannover Re has developed an additional retrocession tool that for the first time enables the capital markets to participate directly in coverage of its cyber risks through a quota share cession. Longstanding partner Stone Ridge is supporting the transfer with …
New York Digital Investment Group, an asset manager focused on bitcoin investments, has raised $100 million it will use to expand the use of bitcoin in insurance. The round comes just a month after announcing $200 million in new financing. …
Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year’s hurricanes and wildfires. But a year that is shaping up to be the costliest on record …
