Galapagos Capital SSPE issues R$13.5m LRS, its second under the Brazilian ILS regime

Gálapagos Capital Sociedade Seguradora de Propósito Específico S.A., the Brazil based SSPE or special purpose reinsurance vehicle that can issue Letra de Risco de Seguro (Insurance Risk Letters) and is owned by global investment company Galapagos Capital, has now issued its second arrangement under the Brazilian insurance-linked securities regime. Galapagos Capital was authorised by Brazil’s insurance […]

Cat bond market fundamentals are tremendous. Growth absolutely expected & sustainable: John Seo

The fundamentals underpinning recent and expected future levels of activity in the catastrophe bond market are tremendous according to John Seo of Fermat Capital Management LLC, given which the cat bond market’s growth is absolutely to be expected and absolutely viewed as sustainable, he has explained. Speaking during a Fermat Capital Management hosted webinar yesterday, […]