• X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Free trial
  • Log in

Sidecars

  • Australian sovereign wealth fund the Future Fund has added Kiskadee Investment Managers to its line-up of reinsurance managers, according to its website
  • Mt Logan's overall assets under management remained flat in the second quarter as the vehicle took an undisclosed sum of cat losses for the period
  • RenaissanceRe sidecar DaVinci Re actually improved its second quarter performance year-on-year despite taking $9.4mn of losses from catastrophe events, due to a turnaround in investment results
  • Everest Re reported $123.8mn of net catastrophe losses in the second quarter, as its operating profits dropped 40 percent year-on-year to $134.2mn
  • Kai Morgenstern is leaving RenaissanceRe after 10 years with the carrier's ventures department, Trading Risk understands.
  • Remote risk insurance-linked investment (ILI) strategies are likely to be more insulated from competition in the reinsurance sector, Willis Towers Watson said in its latest annual Global Alternatives Survey.
  • Pioneer Investment Management has launched a new closed-ended ILS fund, the Pioneer ILS Bridge fund, according to Securities & Exchange Commission filings.
  • Wildfire in Canada, tornadoes and hail in the US and the Japan earthquake will only have a small impact on the (re)insurance sector, panellists agreed at the Guernsey ILS Insight event in Zurich last week (7 July)
  • Reinsurer sidecars delivered average increases in fair value of 1.95 percent for the three months from February to April, down from a 2.5 percent average return posted in the same period last year, according to Trading Risk calculations.
  • Leadenhall Capital Partners and Amtrak were among the winners at the 2016 Trading Risk awards, which were held in London last month.
  • Reinsurers need to evolve beyond the equity and debt structures of the past to succeed in the "new world order," said Everest Re chief underwriting officer John Doucette, speaking at the Trading Risk Convergence London conference on 16 June.
  • Assets under management (AuM) at the top 10 ILS funds grew by 7.7 percent in the half-year to 1 July, as growth accelerated from late 2015.
Responsive Advert Banner