Quantity of cat bond issuance a testomony to maturity of asset class: Prabis, Hiscox Re & ILS – Nexus Vista

Investor and issuer curiosity within the disaster bond product stays robust amid wholesome market dynamics, and the expectation is that 2024 will probably be one other report 12 months for the area, based on Vincent Prabis, Managing Principal, ILS at Hiscox Re & ILS.With H1 2024 cat bond issuance as soon as once more exceeding … Read more

Arbol raises $60m to scale parametrics, make local weather threat an investable asset class – Nexus Vista

Arbol, a technology-led underwriter of parametric threat switch, local weather and climate insurance coverage or reinsurance enterprise, has raised a $60 million Collection B spherical, because it seems to scale parametric insurance coverage in response to what it sees as growing local weather associated dangers, whereas additionally serving to to make that threat into an … Read more