Credit Suisse

Share

New underwriter for Credit Suisse ILS team’s Arcus Syndicate 1856

The Arcus 1856 Lloyd's of London syndicate, which is backed by capital from funds managed by the Credit Suisse ILS investment management team, has announced the hiring of a new underwriter, the first new underwriting addition to the team since the syndicate's launch.The Credit Suisse ILS team’s Arcus Syndicate 1856 read the full article →

Barbican to manage Credit Suisse ILS team’s Arcus Syndicate 1856

Barbican Managing Agency Limited, part of Barbican Insurance Group, has now received full approval from the Lloyd’s Franchise Board to manage Arcus Syndicate 1856 (Arcus 1856), the £90 million Lloyd's Syndicate launched by the Credit Suisse ILS team recently.As we wrote in September, Arcus 1856 will be fully capitalised by read the full article →

Credit Suisse ILS team capitalise £90m Lloyd’s Syndicate 1856

In a further sign that the Lloyd's of London insurance and reinsurance market is becoming increasingly accepting of alternative capital & insurance-linked securities (ILS), the Credit Suisse ILS team is capitalising a new Syndicate 1856 with £90m of capacity.Syndicate 1856 will be managed by Barbican Managing Agency Limited, part of read the full article →

Credit Suisse moves Sandy side-pockets back to main portfolio

Insurance-linked securities and reinsurance-linked investments manager Credit Suisse has now fully resolved the potential exposure its CS Iris Low Volatility Plus Fund Limited had to last years hurricane, or superstorm, Sandy event and has moved side-pocketed investments back into the main fund portfolio.When a catastrophe event strikes and the estimates read the full article →

Credit Suisse to move Iris ILS fund out of cat bonds in hunt for return

In the latest monthly managers update for the DCG Iris insurance-linked securities fund, the London Stock Exchange listed closed end ILS investment fund operated by Dexion Capital, it is revealed that Credit Suisse intends to move one of its funds out of catastrophe bonds in an attempt to find a read the full article →

Credit Suisse: losses from Moore tornado under $5 billion, no ILS fund impact

Investment management firm Credit Suisse, which operates a number of insurance-linked securities (ILS) investment funds, has said that it does not expect that insured  losses from the Moore, Oklahoma tornado will have any impact on its funds. The tornado which struck Moore on Monday causing many fatalities and devastation to read the full article →

Credit Suisse ups Sandy estimate to $22.5 billion but lowers impact to ILS fund (and DCG Iris)

Credit Suisse has issued an updated event report on hurricane Sandy in regards to the storms expected impact to the asset managers CS IRIS Low Volatility Plus fund, and as a result the DCG Iris ILS fund for which CS Iris is the master fund. Credit Suisse has increased its read the full article →

Credit Suisse implements side-pockets for Sandy exposed investments in CS Iris

In a report sent to investors in its CS IRIS Low Volatility Plus Fund, investment manager Credit Suisse has announced that they intend to implement side-pockets for any investments potentially exposed to losses from hurricane Sandy. A side-pocket will allow Credit Suisse to effectively segregate the investments that are at read the full article →

At industry loss of $20B some cat bonds will see notional losses from Sandy: Credit Suisse

Another event report on hurricane Sandy and the superstorms potential impact on reinsurance and the catastrophe bond market has been published by investment manager Credit Suisse. Again, the update has been published via the London Stock Exchange by Dexion Capital for their DCG Iris ILS fund which acts as a feeder read the full article →

Credit Suisse says significant uncertainty in Sandy insured loss estimates

Credit Suisse has issued another update on the potential impact hurricane Sandy has had on one of their insurance-linked security and catastrophe bond funds, the CS IRIS Low Volatility Plus fund. Credit Suisse are not changing their estimate from last week (which we discussed in this article here) yet, but read the full article →