Archive for May, 2015

Investing in insurance and reinsurance for access to premium float liquidity is clearly rising in popularity, with the latest conglomerate reported to be seeking acquisitions being Shanghai development firm Future Land Development Holdings Ltd.

Italian holding company EXOR said that it welcomes the chance for PartnerRe shareholders to vote on the reinsurance firms future, while activist investor Sandell Asset Management has questioned PartnerRe’s board’s commitment to a fair process.

Here are the ten most popular news articles, week ending 24th May 2015, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates.

A number of ILS or reinsurance linked investment funds have seen small impacts to their net asset value (NAV) in April, due to the severe east-coast low pressure system and hailstorm that impacted the New South Wales and Sydney area in April.

U.S. primary insurer AIG and its affiliate companies are set to benefit from a new $300m source of fully-collateralized parametric reinsurance cover, after its Compass Re II Ltd. (Series 2015-1) catastrophe bond upsized by 50% to $300m.

The board of reinsurance firm PartnerRe has once again rejected EXOR’s offer and also responded to what it calls EXOR’s rejection of its “good faith invitation to engage” and will now proceed with a shareholder vote on the AXIS Capital merger.

The recent discussion of risk bundling has been wrongly aimed at the insurance-linked securities (ILS) market, according to Zurich headquartered ILS manager Twelve Capital, which points out that self-regulation is actually very strong in ILS.

Multi-Strat Holdings, the owner of the MultiStrat Re platform which enables asset managers such as hedge funds to more easily get into the reinsurance business, has announced the acquisition of Annapolis Consulting Group LLC,

The latest update from the EXOR – PartnerRe – AXIS will-they-or-won’t-they merger discussions is that Italian holding company EXOR said it would engage with the PartnerRe board and was willing to negotiate, but not on price.

London headquartered specialist insurance linked securities (ILS) and reinsurance investments manager Securis Investment Partners has appointed Citco Fund Services as the sole fund administrator for its portfolio of ILS funds.