Insurance Insider ILS

5 days ago | insuranceinsiderils.com | Jai Singh

The ILS holdings of Indiana Public Retirement System (INPRS) stood at $77.6mn as of 30 April, as the fund continues to wind down its ILS portfolio, materials from its June board meeting showed.

1 week ago | insuranceinsiderils.com | Jai Singh

Swiss pension fund Nest grew its ILS allocation by 18.0% to CHF153.2mn ($169.6mn) as of 31 December 2024 from CHF129.6mn ($154.0mn) the year prior. In US dollars, the ILS allocation increased by 10.0%. The ILS allocation accounted for 3.5% of the fund’s total AuM as of 31 December 2024, up from 3.3% of its total AuM the year prior, in US dollar terms. The pension fund’s total assets under management grew to $4.8bn in 2024 from $4.6bn in 2023.

1 week ago | insuranceinsiderils.com | Liz Bury

Slide is putting faith in tort reforms and will lean into Florida, CEO Lucas said.

1 week ago | insuranceinsiderils.com | Adam Kovac

Allstate and Progressive posted cat losses of $777mn and $275mn, respectively, for the month of May. In a statement released June 18, Allstate cited several severe convective storm events as the main reason for the losses.

1 week ago | insuranceinsiderils.com | Jai Singh

Everest Re has doubled the target size of its Kilimanjaro II Re 2025-1 and 2025-2 notes to $900mn. The deal is structured into Series 1 and Series 2, with four notes in each.