capital markets

Vesttoo, the insurance-linked securities (ILS) focused financial technology company, is reportedly seeking to raise a Series D funding round at a valuation of between $1.5 billion and as much as $2 billion.

The UK’s Prudential Regulation Authority (PRA) of the Bank of England is continuing to work to simplify its approach to insurance-linked securities (ILS), still hoping the reinsurance market segment will “take off” in the country.

Having launched its new $250 million Outrigger Re collateralized reinsurance sidecar at the end of 2022, White Mountains re/insurer subsidiary Ark is already benefiting, with the additional capital helping it to grow its premiums written in the attractive market environment.

Demonstrating the attactiveness of insurance-linked securities (ILS) investments at this time, the Eurekahedge ILS Advisers Index has delivered its highest returns for a first-quarter of any year since 2007.

Vesttoo, the insurance capital markets focused insurtech, has announced the hiring of experienced alternative investments specialist Jon Ewing to lead the development of an insurance-linked securities (ILS) marketplace.

Des Potter, a Special Advisor for Lloyd’s and a former Guy Carpenter executive and ILS specialist, has asserted that Lloyd’s has “a pivotal role to play” in restoring investor confidence in the ILS class via its London Bridge 2 platform.

Jeremy Noble, President of Insurance at Markel Corporation, said during the re/insurer’s Q1 2023 earnings call yesterday that the combination of the current rate environment in the property sector and its own initiatives, points to a compelling risk / return proposition as the firm continues to work hard to raise capital across its Nephila Capital […]

In the current hard reinsurance market, the multi-year nature of insurance-linked securities (ILS) such as catastrophe bonds is likely to drive increasing interest from sponsors in Japan, Aon Securities has said.

Nephila Capital, one of the largest insurance-linked securities (ILS) fund management operations in the market, is reported by its parent Markel to have had $7.2 billion in assets under management as of March 31st 2023.

Global reinsurance giant Hannover Re continued to expand the volume of collateralised business that it acts as a front or transformer for in 2022, with ceded limit rising 36% to almost EUR 6.2 billion for the year.