ILS managers
-
The CEO cited ‘no change’ in appetite from a shift in the capital mix.
-
The manager is looking to buy positions on the secondary market.
-
The ILS manager leaderboard demonstrates the ongoing popularity of cat bonds.
-
-
Secondary market activity and hedging would be likely if a Beryl-sized storm tracked toward the US.
-
This is lower compared to 8.2% recorded by the index in H1 2023.
-
DeCaro is one of the cohort of pioneering ILS managers.
-
The Swedish fund AP2 invests in Fermat GAM, Elementum and Credit Suisse.
-
Sub-1% management fee and performance fee-only structures have evolved in ILS.
-
The regulation now allows pension funds a more flexible benchmark for measuring alternatives.
-
The Sussex Capital ILS platform managed $440mn at its 2019 peak.
-
Citizens also secured $1.1bn of limit for its Everglades Re cat bond.
-
The capital will be allocated to a pure cat bond strategy, sources have confirmed.
-
The capital will be deployed by Bermuda-based special purpose insurer Arachne.
-
Combined AuM of UCITS funds stood at $11.3bn as of 26 April 2024.
-
The pension fund’s ILS allocation as of the end of 2023 was CHF300.3mn ($356.8mn).
-
The syndicate snatched the number one spot from Chaucer’s Syndicate 1176.
-
The Guernsey legacy carrier is working with an independent valuer.
-
-
Of the 18 top-tier ILS managers, 10 recorded growth, while eight were flat or down.
-
Cat bonds and sidecars are well positioned for growth, while private ILS will benefit from further innovations to improve liquidity.
-
In its semi-annual report for the six months to 31 July 2023, the manager said the fund had returned 2.74% over the half-year.
-
The bond will provide protection from named storms in Florida for three years.
-
The firm will deploy newly developed, proprietary cat bond analysis platform Hubble.
-
The new fund generated 11.2% in profits for the period from 27 January to 31 October last year.
-
Schwartz will set the firm’s investment process on its ILS, equity and debt strategies.
-
The asset manager’s flagship ILS funds posted stellar returns for its 2023 fiscal year.
-
Projected 2024 ILS returns remain historically high, but signs of increased appetite for top-layer cat risk and top-end retro raise questions over how long this will last.
-
The Eurekahedge ILS Advisers Index has posted the strongest performance for October since it started in 2008.
-
ILS managers are still waiting for hard market growth.
-
The Zurich-based ILS manager has grown the fund by around 167% from $150mn as of mid-2021.
-
Artex hopes the rebrand will bring greater efficiency and a higher level of service to clients
-
With more ILS managers chasing the popular bond space, how will new operators differentiate themselves?
-
De Klerk spent a decade at Artex Risk Solutions, where he created special purpose insurers and closed cat bonds.
-
The investment manager held its outlook at strongly overweight for cat bonds, retro and private ILS in Q4.
-
Prior-year cat loss years that are finally shaking out drove fee benefits in Q3.
-
The Bermudian firm said it expects the acquisition could drive more growth than the prior forecast of $2.7bn incremental premium.
-
The ILS firm reported $6.8bn of assets under management at the third-quarter mark.
-
A market-wide loss of $700mn would amount to around 15% of the total amount of life ILS assets under management .
-
Mortgage ILS issuance has totalled $787.2mn so far this year.
-
The manager has made four appointments including two internal promotions.
-
The fund has been adapting its investment strategy in light of inflation and rising interest rates.
-
The Bermuda-based collateralised reinsurance platform Sussex Capital was set up in December 2017 and had more than $400mn of assets at its peak.
-
The fund had taken major losses on cat-related investments, including through Southeast primary carriers Weston and Southern Fidelity.
-
The recent ILS start-up was the only new mandate for 2022 after the Dutch firm had added two new mandates in 2021.
-
The fund is on course for its strongest year of returns since inception in 2014.
-
Hiscox and Aeolus are looking to capitalise on strong investor appetite for cat bonds this year with their respective fund launches.
-
Private ILS outperformed cat bonds in August, as hurricane season earnings began to kick up a gear.
-
The Elementum executive told Trading Risk New York that “appropriate returns” over time were the key to a sustainable ILS market.
-
ILS capacity in the form of retained earnings and new inflows is shaping up to meet growing demand for reinsurance and retro coverage.
-
The move comes as investors are on track to reject a bid from Liontrust.
-
The industry’s ability to draw new capital will hinge on the outcome of the Atlantic hurricane season.
-
The scandal over letters of credit at Vesttoo has put a spotlight on the casualty ILS segment, where Ledger Investing is growing market share.
-
Risers and fallers emerge within peer group of larger ILS firms, with Twelve Capital and Pillar the fastest growing in H1.
-
The reinsurer recorded net income of $1.9mn, helped by a reduction in losses and loss adjustment expenses.
-
The obvious question is where is the capital behind the letters of credit that were being pledged on its transactions.
-
The ILS manager said returns on casualty ILS were "much higher than on the diversifying nat cat perils such as Italian quake or German flood".
-
Howden Tiger worked on the structure of the deal with the unnamed syndicate.
-
The life segment has shifted from its genesis in mortality and morbidity risk transfer as lapsed risk deals have proliferated.
-
The firm has posted a combined ratio of 75.4% for 2022.
Most Recent
-
Allstate pegs August cat losses at $215mn post-tax
19 September 2024 -
Opinion: Florida capital raising environment not in the clear yet
18 September 2024 -
GC Securities to join broker line-up for ResRe bonds
18 September 2024 -
Beazley upsizes latest PoleStar Re bond by 167% to $200mn
18 September 2024 -
Moody’s RMS estimates Hurricane Francine losses at under $2bn
18 September 2024