Insurance Linked Investments

Ardonagh Group, the largest independent insurance broking, underwriting, servicing and management company in the UK, has now added insurance-linked securities (ILS) servicing and management to its range of offerings, as its managing general agent Geo Underwriting has acquired insurance manager Robus Group.

AXA XL, the commercial property & casualty insurance and reinsurance arm of the AXA Group, is targeting a reduction in its natural catastrophe exposure over the coming years, as it looks to bring its business results to a sustainable and profitable level.

Hudson Structured Capital Management, the investment manager with a reinsurance and insurance-linked securities (ILS) focus, has exited one of its legacy, or run-off sector investments, as specialist Compre has been acquired by private equity firm Cinven and pension benefits investment manager the British Columbia Investment Management Corporation (BCI), providing an exit opportunity.

Global reinsurance firm Swiss Re continues to demonstrate its growing commitment to third-party sources of capital and insurance-linked securities (ILS), announcing this morning that it is launching a dedicated ILS fund, the Core Nat Cat Fund, so investors can participate in its natural catastrophe underwriting business.

A general shift in favour of per-occurrence structures has helped to insulate insurance-linked securities (ILS) portfolios against some of the impacts of the record-setting 2020 Atlantic hurricane season Fabrice Rossary, the Chief Investment Officer of SCOR Investment Partners, has said.

As the insurance-linked securities (ILS) market looks towards year-end and into the new year, investors are showing appetite for structures and strategies from across the ILS and broader insurance and reinsurance universe, according to Stephan Ruoff, Head of Schroder Secquaero.

We’ve developed a new chart with which you can analyse catastrophe bond and related insurance-linked securities (ILS) issuance by type of transaction and year. We hope you find it a useful new feature.

Some insurance-linked securities (ILS) funds that invest in collateralised reinsurance contracts have been setting reserves for potential exposure to business interruption losses due to the COVID-19 pandemic in a handful of the major European catastrophe reinsurance programs, we understand.

The insurance-linked securities (ILS) market is expected to continue to experience an upward trajectory next year, with growth in ILS allocations expected in 2021, according to investment manager Twelve Capital.

Insurance-linked securities (ILS) market return potential is on the rise and in some cases the portfolios constructed, or added to, at the January 1st 2021 reinsurance renewals, are going to offer significantly higher return potential to investors.