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Stone Ridge was a leading supporter of some of the new sidecar vehicles that emerged at January's renewal, including Sussex Capital and deals from MS Amlin and Chaucer.
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The Prudential Regulation Authority (PRA) has hired former ILS structurer and originator at Tullett Prebon Antonio Guevara to work on ILS.
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Stone Ridge's two reinsurance funds combined total net assets increased by 10 percent to reach $6.72bn at 31 January, according to Securities and Exchange Commission (SEC) filings.
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Pioneer's ILS Interval Fund increased net assets by 88 percent to $676.42mn in the three months to 31 January, according to an SEC filing.
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Willis Re said global catastrophe pricing was broadly flat in an "uncontentious" April renewal, as it noted a dramatic change to the reinsurance landscape as primary carriers re-entered the market through M&A deals.
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New UK ILS vehicles are in the pipeline as the Chancellor of the Exchequer and the London Market Group prepare to host a reception for ILS investors in Downing Street tonight.
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ILS manager Hudson Structured Capital Management (HSCM) and Everest Re have agreed a strategic relationship that will see the reinsurer act as anchor investor in a new insurance technology fund that HSCM is launching early this year.
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Munich Re has announced plans to restructure its reinsurance unit, as it set a target of EUR2.1bn-EUR2.5bn ($2.6bn-$3.0bn) net profit for 2018.
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Mt Logan assumed $323.7mn of catastrophe losses during 2017, as the sidecar's liabilities made up just over a quarter of reinsurance receivables due to its sponsor Everest Re at year-end.
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Canopius is considering setting up a Bermudian sidecar as it looks to reduce its catastrophe exposure following a management buyout from Sompo this month.
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Aspen will get quota share support from a separate cell of its Peregrine vehicle, after electing not to renew its Silverton Re sidecar at this year's renewals, according to a 10K filing.
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Sompo is due to complete its sale of Lloyd's carrier Canopius to Centerbridge next month, according to sister publication The Insurance Insider.
