Catastrophe bond fund news

While allocating capital into the insurance-linked securities (ILS) sector is “certainly the right decision for asset allocators” at this time, manager Icosa Investments cautions that with some challenges in the sector it is not advisable for cat bond fund managers to buy everything in the asset class.

Elementum Advisors, LLC, the alternative investment manager that specialises in collateralized natural catastrophe event reinsurance investments, has announced the launch of a new higher-yield focused, multi-investor catastrophe bond fund strategy.

Man Group, a global independent alternative and active investment management firm, has made an application to establish a UCITS catastrophe bond fund under its Man AHL brand, Artemis has learned from sources.

Twelve Securis has been established with $8.5 billion of assets under management (AUM) making the newly branded and combined ILS manager one of the largest in the sector, after the merger of Twelve Capital and Securis Investment Partners has now completed.

Investment manager Amundi US has celebrated the anniversaries of its two dedicated insurance-linked securities (ILS) and catastrophe bond fund strategies, the Pioneer CAT Bond Fund and the Pioneer ILS Interval Fund, which have collectively surpassed $1.35 billion in assets under management (AUM).

Catastrophe bond fund strategies in the UCITS format averaged positive returns for the month of January 2025, despite the effects of wildfire related mark-downs to exposed positions, according to the latest data from the Plenum CAT Bond UCITS Fund Indices.

The awaited launch of the Brookmont Catastrophic Bond ETF is nearing and Artemis spoke with Ethan Powell, Principal & Chief Investment Officer of Brookmont Capital Management, LLC and Rick Pagnani, co-founder of King Ridge Capital Advisors LLC, to learn more about the strategy and their thoughts on how they see it developing.

Price adjustments to catastrophe bonds exposed to the California wildfires drove the overall yield of the catastrophe bond market higher in January 2025, to end the month back in double-digit territory, at 10.34% in USD, according to the latest data from Plenum Investments.

The launch yesterday of the Lumyna – Twelve Capital Parametric ILS Fund, a dedicated parametric insurance and insurance-linked securities (ILS) investment strategy managed by ILS manager Twelve Capital, is a “breakthrough” in the parametric space and provides “capacity for profitable growth”, senior execs at GC&C and Descartes Underwriting said.

Twelve Capital, the Zurich-headquartered insurance-linked securities (ILS) and reinsurance investment manager, has launched its first parametric ILS fund, working with Lumyna Investments for infrastructure and distribution, and parametric specialist Descartes Underwriting alongside Generali’s Global Corporate & Commercial arm for origination.