October 2014/1

Investment management company AZ Athenaeum has started marketing a UCITS catastrophe bond fund in the Asian market and also plans to offer the Eskatos Multi Strategy ILS Fund in the region in the next few months

The alternative reinsurance market now looks like it has come full circle as one of the industry's longest-standing fund managers looks to set up a rated equity-funded vehicle

The drive for ILS fund managers to set up rated balance sheets reflects a desire to find alternatives to fronted business, as well as opening up wider access to leverage and new business

Pioneer Investment Management expects to deploy $400mn-$600mn through its new ILS Interval fund by year-end, principally in the reinsurer quota share market