Liz Bury

NFIP targets $250mn FloodSmart Re coverage

The multipliers on the A and B notes reflect the lack of losses from Hurricane Ian to FloodSmart Re bonds.

Liz Bury, 06 February 2023

Turkey and Syria suffer 7.8 magnitude quake and at least 20 aftershocks

Reports said at least 641 people have died and thousands are injured, with damage to 1,500 buildings.

Liz Bury, 06 February 2023

January rate increases push ILS projected returns up strongly into teens

Following rate increases at 1 January, projected fund returns for 2023 are up several points year on year, with a boost also from higher Treasury rates.

Liz Bury, 06 February 2023

Nephila adds $200mn AuM bringing total to $7.4bn

The CFO of parent company Markel has said it aims to lean into property cat through Nephila.

Liz Bury, 03 February 2023

ILS Advisers Index falls to 2.16% loss in 2022

Pure cat bond funds outperformed the sub-group which includes private ILS for the year.

Liz Bury, 03 February 2023

Nephila’s climate and specialty investing ‘slightly unprofitable’: Markel’s Noble

Nephila achieved significant rate increases at 1 January and expected the strong rate environment to continue this year.

Liz Bury, 02 February 2023