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

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

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