Insurance Linked Investments

Lancashire Holdings is “encouraged” by the evidence of improvements in discipline and pricing across the insurance and reinsurance market, according to its CEO Alex Maloney.

Beazley continues to try and drive down the cost of re/insurance capital using its so-called ‘smart tracker’ special purpose arrangement (SPA) syndicate 5623, with digitalisation a goal to add further efficiency in the future.

RenaissanceRe said that it raised over $700 million of new third-party capital from investors for its joint-venture and insurance-linked securities (ILS) vehicles in the second-quarter of 2019.

Global insurance and reinsurance firm Hiscox has announced the promotion of Andrew Hughes to the role of Managing Principal, Hiscox ILS.

New York based alternative investment specialist and fund manager in the longevity linked life settlements space BroadRiver Asset Management, L.P. has bolstered its senior management with the hiring of Emma Dickson, an experienced alternative investments attorney.

While price momentum continues to build in the Lloyd’s market, improvements in pricing seen in the reinsurance and insurance-linked securities (ILS) market are “more selective”, according to Hiscox CFO Aki Hussain.

Insurance and reinsurance brokerage Aon has named Vince Barrett as the new Regional Managing Director EMEA for its Captive & Insurance Management business.

Leadenhall Capital Partners LLP, the London headquartered insurance and reinsurance linked investment manager, has signed up U.S. Bank Depositary Services to provide depositary services for its Leadenhall UCITS ILS Fund PLC.

The United Kingdom’s Prudential Regulatory Authority (PRA), part of the Bank of England, has updated its application forms and guidance notes related to the establishment of insurance-linked securities (ILS) vehicles in the country.

After having reported further loss creep that dented the net asset value’s of its listed retrocessional reinsurance fund shares in May, the CATCo Reinsurance Opportunities Fund shows that premiums are still set to flow as its share classes returned up to 1.3% in June.