Insurance Linked Investments

With the news yesterday that asset manager Schroders Capital has grown its insurance-linked securities (ILS) assets under management (AUM) above $5 billion, the company also announced some structural changes to the team there.

In Q4 2023, the catastrophe bond investor base pushed for higher risk-adjusted returns amid favourable market conditions, with the average price change of spreads over the issuance process swinging to positive for the first time in the year. However, looking at Q1 2024 data so far, a very different picture is emerging.

Asset manager Schroders Capital has seen continued growth in its insurance-linked securities (ILS) business, announcing assets under management (AUM) of more than $5 billion across its range of vehicles.

Global reinsurance giant Swiss Re has hired a former insurance-linked securities (ILS) employee back from investment bank Goldman Sachs, with Edward Barton rejoining the reinsurer as Head of ILS Structuring Americas.

The Lloyd’s of London insurance and reinsurance marketplace is on-track to achieve its best returns on capital in more than 15 years, according to analysis from Insurance Capital Markets Research.

Catastrophe bond funds in the UCITS format have continued to experience growth as a group in early 2024, ending February with $11.24 billion in combined assets under management (AUM), while two UCITS cat bond funds have surpassed the $3 billion milestone this year.

PGGM, the Dutch pension investment manager that allocates the largest amount to the insurance-linked securities (ILS) market on behalf of end-client the Dutch pension PFZW, ended 2023 with just over US $9 billion in ILS assets under management, as a slight uplift in capital deployed in euro terms and currency rates lifted AUM to a […]

To attract more capital to the insurance and reinsurance market, including through insurance-linked securities (ILS) opportunities, there is a need for a greater focus on investor needs and delivering transparency, something Lloyd’s CFO Burkhard Keese said his employer is working towards.

The nascent cyber catastrophe bond and insurance-linked securities (ILS) market must grow to support the need for cyber insurance coverage, as traditional reinsurance risk tolerances are reached and the capital markets provides the perfect alternative, speakers at our recent ILS NYC 2024 conference explained.

Mt. Logan Re Ltd., the Everest Group owned and operated third-party investor capitalised reinsurance sidecar-like investment structure, has strengthened its investor relations team with the addition of two key hires.