Insurance Linked Investments


Aberdeen says struggling to find ILS opportunity with “satisfactory risk-return”

It looks like Aberdeen Standard Investments may exit the insurance-linked securities (ILS) sector, as it has struggled to find a new investment opportunity that meets its risk and return target requirements, while fitting the mandate of one of its funds.The Aberdeen Diversified Income and Growth Trust plc investment fund had read the full article →

Climate threat needs capital response, but industry has to give it confidence

The economic consequences of climate change may prove particularly severe for insurance and reinsurance companies in the property and casualty (P&C) space, presenting both a threat and an opportunity, but the latter may require access to capital to take full advantage of it.Recently, rating agency Moody's reiterated its stable outlook read the full article →

Lodgepine Reinsurance the first Bermuda “Collateralized Insurer”

Lodgepine Capital Management Limited, the retrocessional reinsurance ILS fund management unit of Markel Corporation, has become the first to register a vehicle under Bermuda's recently established "Collateralized Insurer" class of company.Bermuda's regulator designed the collateralized insurance and reinsurance class of Limited Purpose Insurer (LPI) as a response to the increasing read the full article →

Education seen as barrier to public sector partnerships for ILS

“Collaboration and education” remain the key challenges when it comes to partnerships between the insurance-linked securities (ILS) market and public sector organisations, according to industry executives.Speaking at the recent ILS Bermuda Beyond Convergence event in London, experts explained that the industry has made a lot of progress in working with read the full article →

Leadenhall invests in health insurer Friday Health Plans

Leadenhall Capital Partners LLP, the London headquartered specialist insurance linked securities (ILS) and reinsurance related investments manager, has participated in a funding round for a health insurance start-up in Colorado named Friday Health Plans.Friday Health Plans is a Denver, Colorado-based health insurance holding company that largely underwrites individual and read the full article →

Victor launches third-party capitalised syndicate 2288 at Lloyd’s

Marsh-owned specialty managing general underwriter (MGU) Victor Insurance Holdings, previously known as the Schinnerer Group, is launching a third-party capitalised syndicate at Lloyd's, which will give capital partners a way to access the returns of business underwritten by the firm.Victor is already well-known in the alternative reinsurance capital space, having read the full article →

Brit’s new Lloyd’s ILS fund is in Bermuda & will feature longer-tailed risks

Demonstrating how challenging it can be to bring third-party capital into the Lloyd's insurance and reinsurance market, Brit's newly launched insurance-linked securities (ILS) fund strategy takes a roundabout route to connect the capacity with the returns of its underwriting in the market.Brit announced the launch of its Sussex Specialty Insurance read the full article →

SunTrust and BB&T (both ILS trust providers) merge to form Truist

There is a new reinsurance and insurance-linked securities (ILS) collateral trust provider in town, after Truist Financial Corporation was formed after a merger of equals between SunTrust and BB&T.Both SunTrust Bank and BB&T are large banking groups with operations across personal and commercial customers.The pair both had specialist areas that read the full article →

Global Parametrics gets Hannover Re backing for new risk transfer fund

Global Parametrics, the parametric and index-based disaster risk transfer company, has launched a new natural catastrophe focused investment fund that has received backing from global reinsurance firm Hannover Re and the German government.Working with the German Federal Ministry for Economic Cooperation and Development (BMZ), the German Development Bank (KfW) and read the full article →

Brit launches Lloyd’s focused ILS fund, Sussex Specialty Insurance Fund

Specialty insurance and reinsurance firm Brit Ltd. has launched a new insurance-linked securities (ILS) fund strategy designed to allow investors direct access to the returns of its Lloyd's underwriting business.The company calls the Sussex Specialty Insurance Fund the first ILS structure of its kind to offer investors access to the read the full article →