liability ILS

MultiStrat, the specialist underwriter, reinsurance investment facilitator and casualty insurance-linked securities (ILS) company, has announced that Jim Robinson, Chief Executive Officer of MultiStrat Advisors, is set to retire from the company.

MultiStrat, the specialist underwriter, reinsurance investment facilitator and casualty insurance-linked securities (ILS) company, has appointed specialist software firm AdvantageGo to deliver it a holistic reinsurance and ILS solution to help in managing and operating the firm as it grows.

MultiStrat, the specialist underwriter, and reinsurance investment facilitator, has announced two senior promotions within its underwriting team, with Kier James, Vice President, Underwriting, stepping up to become Chief Underwriting Officer (CUO), while Patrick Grealy, Executive Vice President, transitions to the expanded role of Portfolio & Performance Management.

MultiStrat, a specialist underwriter, and reinsurance investment facilitator with a focus on helping investors access returns from casualty risks through insurance-linked securities (ILS) arrangements has deployed $1.75 billion of investor capital through its deals so far and is targeting further “significant growth” this year.

Insurance and reinsurance broker Aon is working in collaboration with Praedicat to develop named peril liability reinsurance products to help insurers transfer emerging liability risks such as those related to nanomaterials and 5G to traditional reinsurers and also the capital markets.

As pressure on reinsurance rates intensifies, alternative capital seeks yield, and appetite broadens beyond the catastrophe space, the adoption of casualty insurance-linked securities (ILS) is poised to accelerate, according to MultiStrat, the specialist underwriter, and reinsurance investment facilitator.

Multi-Strat Holdings Ltd., the Bermuda based holding company that underwrites casualty and longer-tailed reinsurance and arranges casualty insurance-linked securities (ILS) transactions, has been acquired by Canopius Group Limited.

MultiStrat, the specialist underwriter and reinsurance investment facilitator, has completed its largest casualty insurance-linked securities (ILS) transaction to-date, a $205 million casualty ILS deal that it worked alongside investor Vida Capital to complete.

The insurance-linked securities (ILS) market is ripe for expansion in the casualty space and growth is being driven by the diversification and capital deployment needs of ILS fund managers, according to Jim Robinson, the Chief Executive Officer (CEO) of MultiStrat Advisors Inc.

Robert Reville, Chief Executive Officer (CEO) of Praedicat, an InsurTech risk modelling and analytics company for casualty re/insurers, has claimed that the company’s approach to disease litigation may create an opportunity for ILS to enter into the casualty space.