Credit Suisse

Arcus Syndicate 1856 at Lloyd’s of London, which is backed by funds under the management of the Credit Suisse insurance and reinsurance linked investment strategies team, has had its business plan for 2019 approved by Lloyd’s of London.

Arcus Syndicate 1856 at Lloyd’s of London, which is backed by funds under the management of the Credit Suisse insurance and reinsurance linked investment strategies team, has announced two senior promotions for Adrian Gfeller and Gary Delaney, as well as a number of other core team updates.

Bernina Re Ltd. has been established and launched by the Credit Suisse Insurance Linked Strategies Ltd. team as a new reinsurance company, with the goal that Bernina Re should become the flagship reinsurance platform for the Credit Suisse ILS offering.

Arcus Syndicate 1856 at Lloyd’s of London, which is backed by funds under the management of the Credit Suisse insurance and reinsurance linked investment strategies team, fell to a loss for 2017 but the syndicates underwriting activities continued to expand during the year.

Arcus Syndicate 1856 at Lloyd’s of London, backed by funds under management by the Credit Suisse insurance and reinsurance linked investment strategies team, has announced the hire of experienced property treaty underwriter Sarah Smith.

Arcus 1856, the Lloyd’s of London syndicate backed with capital from funds under management by the Credit Suisse insurance and reinsurance linked investment strategies team, has appointed Gary Delaney as syndicate manager.

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.

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.

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.

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.