Insight into the insurance-linked securities (ILS) investor base and how it has changed over time

The investor landscape within the insurance-linked securities and catastrophe bond market has changed over the relatively short period that the market has been in operation. These days it's the dedicated ILS and cat bond specialist investment managers and their funds which dominate the space, accounting for almost 60% of investor read the full article →

Insurance-linked securities investor base becoming more diverse

The insurance-linked securities investor landscape is becoming more diverse both geographically and in terms of type of investor, according to data shared by Swiss Re at their recent ILS media event. The main source of investment inflow into ILS and catastrophe bond assets is still from dedicated funds, who now read the full article →

Validus hires new portfolio manager for AlphaCat funds

A new portfolio manager has been hired by Bermuda based Validus Managers to look after their reinsurance, retrocessional and insurance-linked securities AlphaCat funds, according to this article in the Royal Gazette. Validus Managers look after over $400m of investment inflows in a number of vehicles which invest in private reinsurance, read the full article →

Clariden Leu don’t expect any impact to funds from U.S. tornado outbreak

The recent tornado outbreak in the U.S. has caused significant loss of life, damage and is expected to amount to at least $5 billion (some say as high as $7 billion) in insured losses. Two classes of catastrophe bond notes issued by Residential Reinsurance 2008 Ltd. and Residential Reinsurance 2009 read the full article →

Clariden Leu temporarily suspend new subscriptions to catastrophe bond funds again

Clariden Leu, one of the leading investment managers targeting catastrophe bond opportunities, has again closed some of its insurance-linked securities and cat bond funds as primary market issuance has failed to deliver enough capacity to keep up with capital inflow. In June 2010 Clariden Leu closed their flagship cat bond read the full article →

Leadenhall launching two ILS funds domiciled in Dublin

Leadenhall Capital Partners have announced that they are to launch two $50m insurance linked security investment funds and both will be based in Dublin, Ireland. Through the funds Leadenhall are aiming to provide investors with access to returns from the insurance and reinsurance markets through investments in catastrophe bonds, CAT read the full article →