Insurance Linked Investments

Darren Toh, a portfolio strategy focused employee of insurance-linked securities (ILS) investment manager Nephila Capital, has moved across to the firm’s weather and climate risk focused division, Nephila Climate.

Last Friday we welcomed more than 200 attendees to our fifth insurance-linked securities (ILS) conference held in New York City and our first in-person event since the pandemic.

The catastrophe bond market is seeing spreads widen for practically all new issuances, with market sources telling us about a mismatch, on multiple counts, that has the effect of driving prices higher, and is also sending broader signals on the potential trajectory for catastrophe reinsurance rates at the mid-year renewals.

Starting with a blank canvas allows for an insurance-linked securities (ILS) investment management business to be constructed with sustainability and ESG at its core, Paschal Brooks, co-founder of newly launched Sustain ILS Management told Artemis.

GAM Holding AG, the parent company, reported yesterday that its GAM Star Cat Bonds fund strategy, the one managed by Fermat Capital Management, has continued to be one of the few bright-spots in its fixed income investment offering, even during a particularly volatile quarter.

Catastrophe bond and insurance-linked securities (ILS) market execution through 2021 was not uniform, which global reinsurance firm Swiss Re highlights is a sign of the market becoming increasingly mature.

The Bank of England’s Prudential Regulation Authority (PRA) confirmed this morning that it is working on making changes to its insurance-linked securities (ILS) regime, with a view to bringing greater flexibility and speed to the regulatory process.

The Arkansas Teacher Retirement System, a state pension fund that provides retirement solutions to Arkansas education professionals, has seen its allocation to insurance-linked securities (ILS) shrink to roughly 1% of the fund, falling to $220 million.

Sustain ILS Management has been launched by two well-known industry executives, as a new independent insurance-linked securities (ILS) investment manager with a focus on sustainability and environmental, social, governance (ESG) opportunities within ILS and reinsurance.

The Bermuda Monetary Authority (BMA) has issued a call for insurance-linked securities (ILS) vehicles domiciled on the island to adhere to international sanctions related to the ongoing conflict between Russia and Ukraine and to disclose any relevant information or impact related to it as it continues.