Dexion Capital


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: 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 →

DCG Iris resolves Sandy segregated shares, converts and issues new Shares

Hurricane Sandy is almost in the past for one of the London listed insurance-linked securities investment funds. The DCG Iris ILS fund, operated by investment manager Dexion Capital, has converted its C Share class back into Ordinary Shares and has listed the new Ordinary Shares back on the London Stock read the full article →

Credit Suisse begins to resolve hurricane Sandy side-pockets

As the level of uncertainty surrounding the insurance industry loss from hurricane Sandy reduces, investment managers with exposure to the storm are beginning to resolve the situation around side-pocket investments. As we wrote at the start of February, the DCG Iris ILS fund is making progress on merging C Shares read the full article →

DCG Iris C Shares to convert back to Ordinary on reduced Sandy uncertainty

The DCG Iris insurance-linked securities fund, operated by investment manager Dexion Capital, will soon have the 11.025m £1 Sterling C Shares it recently issued converted back into Ordinary Shares, now that it has a much clearer picture of the potential for losses caused by hurricane Sandy. The reason the C 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 →

DCG Iris returns 1.88%, increases allocation to cat bonds, says interim report

Investment manager Dexion Capital’s has published the first half-yearly report for its insurance-linked security (ILS) fund offering DCG Iris Ltd. The report which looks at the period from launch in June 2012 to the end of November, provides an overview of the funds progress and reveals that over that period read the full article →

DCG Iris to issue 11m new shares taking fund to over £51m

Investment manager Dexion Capital’s is moving forwards with their plans to raise additional funds for the DCG Iris Ltd. insurance-linked security fund with the publication of a new prospectus and notification of their intention to list 11.025m additional shares valued at £1 each. The successful listing of the additional shares, 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 →

Dexion Capital postpone DCG Iris share offering due to Sandy uncertainty

Over a month ago we covered investment manager Dexion Capital's plans to expand and grow their DCG Iris Ltd. insurance-linked security fund through a series of share offerings. The ILS fund, which launched back in June, has its shares listed on the London stock Exchange (LSE) and acts as a read the full article →