ILS managers

Flood and crop risk has been an area of initial success in offering AlphaCat investors access to a broader range of perils, Validus executives said on an earnings call.

The London Pension Fund Authority has allocated £51.2mn ($67.5mn) to Aeolus in its first allocation to the reinsurance sector.

Validus asset manager AlphaCat posted $3.1bn of assets under management at 1 July, up from $2.9bn at the end of the first quarter and $2.5bn a year earlier

Schroders has appointed Alan Cauberghs as head of private assets to oversee its activities in various sectors including its ILS division Secquaero.

Markel reported a 26 percent year-on-year increase in management fees from Markel Catco investors in the second quarter, posting $9.3mn of fee income.

Everest Re reported a 17 percent year-on-year jump in gross written premium during the second quarter, which reached $1.6bn, as its reinsurance top line rose 14 percent with insurance business up 25 percent.

The top 10 ILS managers lifted their assets under management (AuM) by 8 percent in the first half of 2017, taking the group's collective capital base to $56.5bn, according to Trading Risk records.

The top 10 ILS managers lifted their assets under management (AuM) by 8 percent in the first half of 2017, taking the group's collective capital base to $56.5bn, according to Trading Risk records

Markel Catco Investment Management commuted part of its exposure to last year's Jubilee oil field loss in June, which it said cost it the equivalent of 1 percent of net asset value.

Markel Catco Investment Management CEO Tony Belisle has extended his contract with the company until 31 December 2020, according to a London Stock Exchange announcement.

The recently created Aberdeen Diversified Income and Growth Trust (ADIG) reported in its half-yearly financial report that it has invested £8.86mn (roughly $11mn) in two listed ILS vehicles

Leadenhall Capital Partners has lifted its assets under management by more than $800mn in the past six months to reach $4.2bn at 1 June, the firm announced.