Retro returns to stability at 1.1 as AdVantage and Aeolus deploy fresh capital

Published: Thu 4 Jan 2024

Increased appetite for property retro business from traditional and non-traditional writers at 1 January – including what is thought to have been around $400mn in additional capital each from AdVantage and ILS fund Aeolus – drove a stable market for ultimate net loss (UNL) placements.