life insurance

When it comes to designing a reinsurance sidecar structure for a life insurer, ensuring alignment is strong across all parties involved is critical, while trade-offs between a sidecar strategy and simply trading with traditional reinsurers must also be assessed, according to RGA (Reinsurance Group of America).

Hudson Structured Capital Management Ltd. (HSCM), the reinsurance, insurtech, insurance-linked securities (ILS) and transportation focused investment manager, has raised more than $175 million from investment firm StepStone Group and existing investors for the launch of HS Mohawk Fund I LP, its new life insurance-focused continuation fund.

The US life insurance and reinsurance marketplace is increasingly focused on setting-up capital light reinsurance structures, while there is also growing appetite for sidecar structures to support capacity as well, analysts at Goldman Sachs have reported.

The well-established and growing life insurance-linked securities (ILS) segment offers a very stable profile and true diversification for investors, both within ILS and when compared to traditional asset classes, according to industry experts.

Twelve Capital, the Zurich headquartered investment manager with a focus on insurance-linked securities (ILS), insurance and reinsurance linked investments, is set to develop a life ILS investment offering, announcing a strategic tie-up with specialist life ILS boutique Farsight Partners.

Kuvare Holdings, a technology-enabled specialist in life and annuity insurance and reinsurance solutions, has become the latest company in this space to launch a sidecar-like venture, that will bring a complementary source of capital from third-parties to help it expand its underwriting business.

Securis Investment Partners has launched the fourth vintage of its long-standing life insurance-linked securities (ILS) funds, with close to $300 million of capital backing this vintage.

Resolution Life, the legacy life insurance investments arm of insurance entrepreneur Clive Cowdery’s Resolution Group, is aiming to raise $3 billion in capital through a newly established perpetual capital vehicle, with Blackstone as an anchor investor and strategic partner to drive future growth.

HSCM Ventures, the insurtech focused division of the Hudson Structured Capital Management reinsurance linked investment operation, has led a $15 million Series A round for life insurance fintech Inclined Technologies, with investor Anthemis also participating in the round.

American Equity Investment Life Holding Company, a US annuity insurance and investment company, is planning to establish sidecar structures to bring third-party reinsurance capital into its operation and generate additional fee income for its business.