Fintech

After helping Schroders Capital and global reinsurer Hannover Re launch their pilot tokenisation project in 2024, i.AM Innovation Lab has used the lessons it learned to help both companies’ integration of a tokenised capability into its insurance-linked securities (ILS) investment platform, which in time will help open the door to broader investor access.

Schroders Capital’s Private Debt & Credit Alternatives (PDCA) team, together with global reinsurer Hannover Re, have unveiled the integration of an innovative tokenised capability into its insurance-linked securities (ILS) investment platform, which includes the execution of the first real-world collateralized reinsurance transaction through this platform.

Members Capital Management Limited (MembersCap), the Bermuda-regulated investment manager has completed the investment of its initial portfolio through its fund, MCM Fund I, the first tokenised institutional-grade reinsurance fund designed to open new capital channels to both digital asset investors and traditional allocators.

Siena Capital Group, LLC, a private investment office with a focus on special situations and that counts former Gallagher Securities trading and distribution specialist Jack Stone as a Partner, is targeting the catastrophe bond and insurance-linked securities (ILS) market with a plan to launch a daily pricing platform later this year.

Members Capital Management Limited, a Bermuda-based asset manager focused on bringing new sources of reinsurance capital to the insurance-linked securities (ILS) sector using digital and tokenized assets, has appointed UK public and private sector leader Lord Chris Holmes MBE to its strategic advisory board.

A new Bermuda-based asset manager has emerged named Members Capital Management Limited with well-known insurance-linked securities (ILS) industry executive Ben Fox in the Chief Investment Officer role and a mission to (re)diversify sources of reinsurance capital using digital and tokenized assets.

Schroders Capital, the private markets business of Schroders Group and manager of around $5 billion of insurance-linked securities (ILS) assets, has collaborated with German reinsurance firm Hannover Re on a pilot tokenisation project, designed to enhance the way ILS assets are invested and managed.

With the insurance-linked securities (ILS) and reinsurance marketplaces being document-heavy, UK-based legal and regulatory technology company Scribestar has an ambition to streamline document production and compliance for these sectors and is rolling out its platform globally.

Swiss-headquartered fintech Cerchia has continued to build momentum around its capital markets focused direct risk transfer platform, with a particularly notable cyber trade, that saw a cyber industry-loss warranty (ILW) transacted using a PCS Global Cyber industry-loss index trigger.

Swiss-headquartered fintech Cerchia said today that the first risk transfer arrangement has now been traded on its capital markets focused direct risk transfer platform, with a buyer and seller coming together to trade a $100bn PCS trigger Florida wind industry-loss arrangement.