Allied World

Allied World Assurance Company (AWAC) has successfully priced its latest catastrophe bond, securing the upsized target for $275 million of reinsurance protection from its 2001 CAT Re Ltd. (Series 2023-1)  renewal transaction, while the spread was priced roughly 14% below the mid-point of initial guidance.

Allied World Assurance Company (AWAC) is another sponsor looking to upsize on its original ambitions, as the company is now seeking up to $275 million of reinsurance protection from its 2001 CAT Re Ltd. (Series 2023-1)  renewal transaction.

Allied World Assurance Company (AWAC), the global insurance and reinsurance company that is part of the Fairfax Financial group, has returned to the catastrophe bond market looking to renew its maturing deal, seeking a larger $250 million of protection with this 2001 CAT Re Ltd. (Series 2023-1)  transaction.

Allied World is now set to secure its first slice of catastrophe bond backed reinsurance protection at the upsized target of $210 million, while the pricing for the 2001 CAT Re Ltd. (Series 2020-1)  transaction has now been fixed at the low-end of initial guidance, we’re told.

Having already increased the target size of its first catastrophe bond by one-third, Allied World Assurance Company (AWAC), a global insurance and reinsurance company and part of the Fairfax Financial group, has now lifted the target a little more, with the latest marketed size of the 2001 CAT Re Ltd. (Series 2020-1)  transaction now $210 […]

Allied World Assurance Company (AWAC), a global insurance and reinsurance company and part of the Fairfax Financial group, aims to increase the size of its first catastrophe bond deal, with the 2001 CAT Re Ltd. (Series 2020-1)  multi-peril issuance now targeting $200 million of reinsurance limit for the company.

Allied World Assurance Company (AWAC), a global insurance and reinsurance company and part of the Fairfax Financial group, is set to sponsor its first ever catastrophe bond, with a $150 million targeted issuance of this new 2001 CAT Re Ltd. (Series 2020-1)  multi-peril transaction.

Allied World Assurance Company’s (AWAC) relationship with Aeolus Capital Management Ltd. helped the firm offset a decline in operational cash flows in 2016; with distributions from Aeolus increasing to $406 million while the re/insurer’s commitment to the partnership remained relatively flat.

Multi-strategy hedge fund manager Elliott Management Corporation has completed its proposed acquisition of a controlling interest in Aeolus Capital Management Ltd., a leading insurance-linked investment manager focused on collateralized property catastrophe reinsurance and retrocession.

Aeolus Capital Management Ltd., one of the leading insurance-linked investment managers focused on collateralized property catastrophe reinsurance and retrocession, is getting a new investor as hedge fund Elliott Management Corporation is set to acquire a controlling stake.