cat

Fermat launches & grows own-brand UCITS cat bond fund above $530m in 2024 Defend Cyber

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Fermat Capital Administration, one of many largest specialist funding managers of disaster bonds and insurance-linked securities (ILS) property, launched a brand new UCITS cat bond fund technique earlier this yr in February, which we’ve discovered has already grown above $530 million in property.Curiously, the Fermat UCITS Cat Bond Fund technique has been rising over a … Read more

Gallatin Level seeks $150m Marlon Florida wind cat bond to guard funding portfolio

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An fascinating new disaster bond transaction has come to mild, as we’ve realized personal funding agency Gallatin Level Capital LLC is to change into the beneficiary of a cat bond to switch some Florida hurricane danger from its funding portfolio, with a $150 million goal for the Marlon Ltd. (Sequence 2024-1) issuance.Gallatin Level is a … Read more