Lodgepine Capital Management Limited

The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is a one-stop resource for information on insurance or reinsurance linked investment managers and their ILS fund strategies.

Lodgepine Capital Management Limited - snapshot

  • ILS manager or company name: Lodgepine Capital Management Limited
  • Location (HQ / Domicile): Bermuda
  • Date of launch: September 2019
  • Assets under management *: $100m (seed capital as of late 2019)

Lodgepine Capital Management Limited - Details

Company profile:

Lodgepine Capital Management Limited is owned by Markel Corporation and is a retrocessional reinsurance focused insurance-linked securities (ILS) fund management unit, based in Bermuda.

Underwriting its retrocessional reinsurance products through a reinsurer named Lodgepine Re, Lodgepine Capital Management is planning to begin activities at the January 2020 renewals.

The initial product offering of Lodgepine Capital Management is a property catastrophe retrocessional investment fund, called the Lodgepine Fund Limited, which Markel has itself seeded with a $100 million investment.

Lodgepine Capital Management will offer cedants a suite of property retrocession products, with coverage available either on a fully collateralized basis, underwritten by Lodgepine Re, or on a rated paper basis underwritten by Markel Bermuda Limited, or even a combination of the two.

Lodgepine Capital Management registered the first Collateralized Insurer class vehicle in Bermuda, in Lodgepine Reinsurance Limited.

Team size and structure:

Andrew “Barney” Barnard is CEO of Lodgepine. James “Jamie” Welsby is Chief Investment Officer. John Duda leads the retrocessional portfolio management team. Brenton “Brent” Slade is President.

Contact:

Email: [email protected]

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The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is provided as-is. Best efforts are made to ensure the contents are accurate at the time of publication but there may be some omissions. Please contact Artemis should you require a change to your listing.