-
It is only the second year in the last eight that the allocation grew. -
CEO Hussain said third-party capital in 2023 remained flat.
-
The firm’s assets under management dropped to $1.6bn, as a capital return more than offset new inflows.
-
Head of alternatives Gareth Abley believes the asset class remains attractive following a 16% return in 2023.
-
The outlook for M&A activity is brighter after 2023 returns.
-
The parent also expects the ILS platform’s AuM to grow.
-
The acquiring reinsurer will now run off the business.
-
-
The reinsurer’s assets under management rose 14% to $3.3bn.
-
Aside from the one-year view, 2023 remixes the track record.
-
-
The firm told investors yields in the cat bond market are 'still very attractive'.
