Insurance Linked Investments

It’s rare to find two asset management businesses that you can combine and not face friction, or loss of clients, but in the case of the merger of reinsurance and insurance-linked securities (ILS) investment managers Twelve Capital and Securis Investment Partners, the overlaps only add to the strength of the new entity, according to Urs […]

Bermuda-based reinsurance and third-party capital manager RenaissanceRe believes it stands better protected for hurricane season, with reduced exposure to smaller events and a portfolio that has been shaped with the help of Capital Partners vehicles, including an increased use of Upsilon, as well as more retrocession purchased.

Breaking news today as established insurance-linked securities (ILS) investment managers Twelve Capital and Securis Investment Partners have announced their intention to merge, with the resulting ILS manager set to be a significant founder-led business with around $7.8 billion in assets under management.

RenaissanceRe, the Bermuda based reinsurance and third-party capital management specialist, has reported its highest ever quarterly fee income from third-party capital and insurance-linked securities (ILS) activities, as higher assets under management (AUM) and strong performance drove a 48.3% year-on-year increase.

Aon has announced the promotion of Nick Moore as its new CEO, Bermuda for the Commercial Risk Solutions division, a position that will see him tasked with increasing the uptake of alternative capital solutions for large corporate clients.

The Bermuda Stock Exchange (BSX) maintained its dominant position in providing a venue for the listing of catastrophe bonds and insurance-linked securities (ILS) in the first-half of 2024, with the total value of all ILS securities listed on the exchange rising further to $59.74 billion at the end of the period.

The broadly diversified portfolio of insurance-linked securities (ILS) and reinsurance investments managed by pension investment firm PGGM on behalf of end-client the Dutch pension PFZW, has returned 5.5% over the first-half of 2024.

UBS has announced that it has reached an agreement to sell the Credit Suisse Insurance Linked Strategies Ltd. business to its existing management team, led by Niklaus Hilti.

As hurricane Beryl travelled across the Caribbean towards Jamaica, Mexico and Texas, there were minor movements in the share prices of some US mutual catastrophe bond and insurance-linked securities (ILS) funds.

Collateralized capital markets backed reinsurance capacity and insurance-linked securities (ILS) fund managers have taken roughly two-thirds of Florida Citizens traditional reinsurance tower at the recent renewals, with Nephila Capital remaining the largest of those markets.