AQR Capital Management to exit reinsurance business

Global investment-management firm AQR Capital Management told Artemis today that it has decided to exit the reinsurance business and wind-down its AQR Re unit. AQR Capital Management has been operating in the reinsurance space for around three years. AQR Re Management, its Bermuda-domiciled reinsurance linked investments business, had around $400m of read the full article →

Greg Habay to join AQR Capital Management from JLT Re

Greg Habay, a Senior Vice President and senior broker at reinsurance brokerage JLT Re, is moving to a dedicated insurance-linked securities (ILS) player to become Vice President of Business Development for AQR Capital Management. In his time with JLT Re, Habay has had a particular focus on much of the brokers read the full article →

AQR Re Management launches new catastrophe reinsurance fund, grows assets

AQR Re Management, Ltd., an affiliate of global investments firm AQR Capital Management, LLC, has launched a new catastrophe reinsurance fund and grown its reinsurance-linked assets under management at the beginning of the year. Bermuda-based reinsurance asset manager AQR Re Management now operates two ILS funds holding a global portfolio of read the full article →

AQR Re hires two reinsurance veterans to senior management team

Bermuda headquartered AQR Re, the reinsurance arm of Greenwich, CT investment management firm AQR Capital Management, has announced the hiring of two senior reinsurance industry executives to its senior management team, expanding its presence in Bermuda. The two executives are John M. Lummis, who has been hired to the role read the full article →

Illinois Teachers’ pension fund puts $40m into reinsurance with AQR

AQR Capital Management, an investment management firm based in Greenwich, CT,are the latest with a reinsurance-linked investment offering to benefit from a commitment of funds from a U.S. public body pension fund. The Teachers’ Retirement System of the State of Illinois is the 39th largest in the U.S. and manages read the full article →