Hurricanes Irma and Maria together with the Mexican earthquakes led Blue Capital's London-listed Alternative Income fund to report a 26 percent loss to net asset value (NAV) in September, the firm said today.
Two executives formerly involved in running the ILS platforms at Hiscox Re ILS and RenaissanceRe respectively have combined with another reinsurance capital markets executive to launch a new business, Tangency Capital
Novae is to adopt the Axis brand and will be merged into the company's international insurance business following the completion of its £477.6mn ($631.1mn) takeover deal.
