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Guideline requires insurers to prove that ceded deals are adequately backed by assets

The Bermudian-based company retains about 15 per cent of Bamboo on a fully-diluted basis

Reinsurer also secures forward-flow option for future years

Decision leaves in place ruling that the dispute falls outside the reach of American securities law

SAC demand surges in 2023, according to a report from the BMA, with new guidance on its way

Katy Bradica and Attila Kerenyi take up their executive posts at the reinsurer early next year

The executive will guide the company’s portfolio of coverholder and managing general agent business

ILS Bermuda and Bermuda College run a joint curriculum to prepare students for jobs in the space

The company goes to ‘a+’ from ‘a’ owing to its track record of profitability and balance sheet strength

With five new formations, numbers remain below the early-year pace