hedge fund

Pentelia Capital Management (Bermuda) Ltd. and Mitsubishi Corporation have launched a joint venture titled Pentelia Diamond Capital Management who will look after a new catastrophe bond and insurance linked security fund which we hear will be called Eolia Diamond Ltd. The tie up with Mitsubishi has allowed Pentelia to access the Japanese market for capital […]

Despite 2008 being a year of economic upheaval with the credit crunch biting and fluctuations in prices of almost every asset or commodity you can think of, catastrophe bonds have really not fared too badly. If you look at stock markets and commodities, most are down on the start of the year. Let’s take a […]

In these times of economic turmoil when billions can be lost in a matter of hours on fluctuating and unstable markets, catastrophe bonds and insurance-linked securities are still performing admirably. The Wall Street Journal has an article on just this topic today which is also great for widening the appeal as it helps reach out […]

The World Economic Forum, an independent, international organization incorporated as a Swiss not-for-profit foundation who are committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas, have released a report today which provides recommendations to help spur continued growth of the market for insurance-linked securities. […]

Leadenhall Capital Partners, the traded insurance risk operation partnered with Amlin (previously blogged about here), have published some interesting presentations they have made at recent conferences on their website. They are all from the last month or so, and while there is some cross-over between them they are all worth a read. The presentations are […]

JP Morgan Chase & Co. has announced that they’ve taken on an unnamed UK insurers exposure to life expectancy risk in a deal valued at £500m ($901m). This is the latest in a string of recent moves by life insurers to offload their risk to others. Longevity swaps allow companies such as insurers and pension […]

Munich Re have issued a press release stating that demand for catastrophe bonds remains high even considering the unprecedented financial turmoil being experienced by the markets. The fact that cat bonds risk is not correlated to other securitised products is keeping them in favour with hedge funds and other asset managers who are seeking to […]

At a recent conference discussing pension funds and liabilities the advice was clear; in the current economic climate make efforts to de-risk by diversifying into alternative asset classes. The good news is that one of those assets mentioned was catastrophe bonds, which despite the recent catastrophe losses (which may or may not have triggered a […]

The New York Insurance Exchange is back on the agenda. Originally opened in 1980 to much fanfare only to dissolve 7 years later as a victim of a soft market and inadequate capitalization (among other things). New York Insurance Superintendent Eric Dinello thinks that now is the time to attempt to reopen the exchange citing […]

Nephila Capital Ltd. has secured a $50m investment from Man Group plc (EMG), this equates to a 25% stake. The stake is part of Man Groups programme of diversifying it’s alternative investment strategies and will allow them to offer their customers investments in weather derivatives and insurance-linked securities.