Insurance Linked Investments


Generali develops framework for Green insurance-linked securities (ILS)

Generali, one of the largest global insurance and asset management companies, has recognised the potential for insurance and reinsurance linked investments to have green or ESG credentials and has developed a framework for Green insurance-linked securities (ILS).As a recognised European sponsor of catastrophe bonds, as one of the way's it read the full article →

Indiana state pension adds $50m to Aeolus ILS fund allocation

The Indiana Public Retirement System, a state pension fund with over $38 billion of pension related assets under management, has expanded its investments in funds managed by ILS and reinsurance focused investment manager Aeolus Capital Management.The pension fund has been invested in insurance-linked securities (ILS) for some years, having had read the full article →

GC / MMC to launch Isosceles Re transformer platform for 4(2) private ILS

The use of rented transformer platform structures for insurance-linked securities (ILS) and private catastrophe bond transaction issuance continues to expand and a new Isosceles Re offering from Marsh & McLennan Companies and reinsurance broker Guy Carpenter is set to help make issuance of 4(2) securities more simple.The new Isosceles Re read the full article →

PGGM promotes Sfaif to Director, Credit & Insurance Linked Investments

PGGM, the Dutch pension fund investment manager and the largest end-investor in the insurance-linked securities (ILS) space, has promoted its employee Youssef Sfaif to the role of Director, Credit & Insurance Linked Investments.Sfaif has a background in insurance and reinsurance having begun his career on the actuarial side for a read the full article →

Lancashire Capital Management grew roughly 20% in 2019

Lancashire Capital Management Limited, the third-party capital collateralised reinsurance underwriting arm of specialty insurance and reinsurance group Lancashire Holdings, grew roughly 20% during 2019, to enter the 2020 renewal season with somewhere north of an estimated $600 million of limit available to deploy.In the current market environment, Lancashire Capital Management's read the full article →

Pillar Capital ILS fund income recovers in 2019 for Alleghany

Income earned from its stake in specialist insurance and reinsurance linked ILS asset manager Pillar Capital and its funds has risen significantly in 2019, as catastrophe loss activity clearly had less of an impact during the year.Having reported an investment loss of -$1.7. million for 2017 and an even more read the full article →

Swiss Re to remain a major ILS & alternative capital player: CFO Dacey

Having brought together its insurance-linked securities (ILS) and retrocessional reinsurance activities last year, global firm Swiss Re expects to remain a major player in the alternative capital space, its CFO said yesterday.Swiss Re reorganised its insurance-linked securities (ILS) and retrocessional capabilities in 2019, merging its ILS and retro teams within read the full article →

AXA buys more reinsurance to take the volatility out of XL

Global insurance and reinsurance player AXA has secured new reinsurance arrangements for 2020, as it continues to work to lower volatility within its specialty commercial insurance and reinsurance division AXA XL, especially in terms of catastrophe exposures.AXA reported its 2019 results this morning, as our sister publication Reinsurance News covered read the full article →

TransRe working to expand strategic capital relationships: Alleghany CEO Hicks

TransRe, the reinsurance arm of Alleghany Corporation, is able to "punch above its weight" in the global reinsurancem market, thanks to its access to efficient third-party capital, Alleghany CEO Weston Hicks said.The Alleghany group is actively working together to help TransRe expand on its strategic capital relationships, to help in read the full article →

New ILS funds will be impressive in size: Adderley, Appleby

As insurance and reinsurance linked investing remains popular among investors and an attractive source of protection to cedents, new insurance-linked securities (ILS) funds are still being formed and we should expect them to be "impressive in size", Brad Adderley a Partner at law firm Appleby Bermuda said recently.Speaking to A.M. read the full article →