Cedar Trace Advisors

Following its entry into the insurance-linked securities (ILS) space through its partnership with Cedar Trace Group, Sage Advisory Services is looking to expand its range of investment solutions. The company aims to offer investors new sources of return with low correlation to traditional capital markets and business cycles.

Cedar Trace, the Bermuda-based insurance, reinsurance, and asset management group formerly operating under the Mereo brand, has made another senior appointment to its insurance-linked securities (ILS) platform, hiring Patrick Witteveen as Head of Business Development.

Cedar Trace, the Bermuda-based insurance, reinsurance, and asset management group formerly operating under the Mereo brand, has made three senior appointments to its insurance-linked securities (ILS) platform.

Cedar Trace Group, the Bermuda based insurance, reinsurance and asset management specialist, has established a partnership with Austin, Texas based fixed income and alternative solutions manager Sage Advisory Services Ltd. Co., to deliver insurance-linked securities (ILS) enhanced credit opportunities to investors.

Mereo Advisors, the Bermuda based insurance, reinsurance and asset management group that also manages insurance-linked securities (ILS) funds, has been rebranded as Cedar Trace.

Mereo Insurance, the Bermuda-based start-up with former AIG CEO Brian Duperreault as its Chairman, has now finalised a $700m+ capital raise for its equity balance-sheet we understand, gaining an ‘A-‘ rating from AM Best, while the company also deployed around $250m in capacity from its insurance-linked securities (ILS) fund at the January reinsurance renewals.

Mereo Insurance, the Bermuda-based re/insurance start-up that counts former AIG CEO Brian Duperreault as its Chairman, has a strategy to work closely with third-party capital investors, is expected to be up and running for 1/1, with equity and seed capital being finalized for its first insurance-linked securities (ILS) fund, Artemis has learned.

Mereo Insurance, the Bermuda-based re/insurance start-up that has generated plenty of headlines due to the involvement of the former AIG CEO Brian Duperreault and its strategy to work closely with third-party capital, has now received a preliminary credit assessment from rating agency AM Best for its main underwriting vehicle.