Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

24 February 2018

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Lutèce Re set for 1.1 retro launch

10 November 2017

Erik Manning's start-up ILS fund Lutèce Re has raised capital to begin underwriting retro business during the 1 January renewals, Trading Risk understands.

The former Guy Carpenter and Aon Benfield broker has recruited Angus Ayliffe, former CFO at Ariel Re, to join the company.

Lutèce will join a number of new or returning retro participants targeting the rate increases anticipated next year.

Retro rates are expected to increase by 25 percent or more in the January renewals as the market...

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