Company also rebrands third-party capital unit
The PRA is investing more resources into its ILS transaction teams, but the future growth of the UK ILS market is likely to come from new, rather than existing, issuers and cedants
Prabis replaces Andrew Hughes, who left to join PartnerRe
Bond covers a wide range of global storm damage
The catastrophe bond market has come roaring back, with investors keen to meet demand from cedants
Second bond created by company
Company brings in ILS bond with green credentials
Investor demand drives expansion
$100m Claveau Re bond will provide cover against multiple nat cat perils
Carrier augments ILS deal with $93m in direct reinsurance
Insurance Day panel broadly positive about the state of the market
Deal is Bermuda carrier's 16th mortgage offering
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