Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

Daedalus I Re Ltd


XL Catlin & New Ocean treble size of Daedalus I Re vehicle to $600m

13th June 2018

Global insurance and reinsurance firm XL Catlin and its ILS fund manager partner New Ocean Capital Management have significantly expanded the size of one of their third-party capital vehicles, growing the Daedalus I Re Ltd. special purpose insurer to $600 million of limit, providing investors with aligned access to XL Catlin’s property catastrophe risks.

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