fund

CATCo’s latest fundraising takes it to roughly $1 billion assets under management CATCo Investment Management have announced today that they have grown their CATCo Reinsurance Opportunities Fund Ltd. to $338m after another round of fundraising. CATCo have received new commitments from institutional investors of $125m and are issuing new C Shares to accommodate the new […]

Two days ago it was announced that Credit Suisse would be fully integrating its Swiss private banking offshoot Clariden Leu into its organisation. Clariden Leu, who operate a number of insurance-linked securities investment funds, came into existence through the merger of five private banking subsidiaries of Credit Suisse. Now the parent company is pulling them […]

We wrote earlier this year about the need to shrink the Florida Hurricane Catastrophe Fund and allow the private reinsurance and risk transfer markets to step in to provide cover where the Fund is now struggling. The Fund faces a large shortfall should any major hurricane strike the State of Florida and likely couldn’t manage […]

Investment manager GAM has announced the launch of a UCITS version of their catastrophe bond fund today. GAM Star Cat Bond is a UCITS-compliant fund which aims to deliver stable and attractive returns from a diversified basket of underlying catastrophe bonds and insurance-linked securities. They are seeking to provide attractive returns which are not correlated […]

CATCo Investment Management have released an announcement which discusses the potential exposure that some shareholders in their CATCo Reinsurance Opportunities Fund Ltd. may have due to increasing loss estimates from the earthquakes in Christchurch, New Zealand. They say that the portfolio has potential exposure to the NZ quakes in their Rest of World risk pillar […]

CATCo Investment Management have announced that their board are considering fund-raising options to capitalise on a reinsurance and retrocessional environment which they predict will see rising premium rates and a possible squeeze on available capacity. By growing their fund and taking advantage of high reinsurance premium rates, CATCo say that they can deliver better risk […]

French reinsurer SCOR has officially announced the launch of their Atropos insurance-linked securities fund today. We’ve written about Atropos previously, you can find our earlier articles about this new ILS fund here, the fund actually launched on the 31st August and has since been marketed to investors but SCOR have today published a press release regarding […]

CATCo Investment Management have published their latest monthly insight for the CATCo Reinsurance Opportunities Fund. The report shows that as the risk period for US wind seasonality expires, significant returns can be generated from their portfolio, such as those demonstrated in August. We spoke with CATCo to better understand this.

French reinsurer SCOR has now launched and begun marketing the insurance-linked securities fund which they first hinted at nearly a year ago, according to an investor presentation (PDF) which discusses the progress they are making with their ‘Strong Momentum’ strategic three year plan.

We’ve spoken with a number of fund managers in the last two days to gauge their opinions as to their funds exposure to losses due to the impact of hurricane Irene. Irene, was the first hurricane of the 2011 Atlantic Hurricane Season and struck the U.S. coast at North Carolina before impacting New York, New […]