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ILS fund news articles discussing insurance linked securities funds, ILS funds, ILS fund managers, insurance linked funds, reinsurance linked funds and other insurance or reinsurance linked investment initiatives.

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Everest Re adds to Mt.Logan Re AuM in Q2 2020

Everest Re, the global insurance and reinsurance firm, managed to add some assets under management to its Mt. Logan Re Ltd. collateralised reinsurance sidecar-like vehicle during the second-quarter of 2020, executives explained yesterday. Mt. Logan Re had sat at around $818 million in terms of assets under management (AuM) at January read the full article →

NOAA predicts “extremely active” 2020 hurricane season in updated forecast

The 2020 Atlantic tropical storm and hurricane season is now forecast to have an 85% chance of “above-normal” levels of activity by NOAA, as the agency lifted its forecast for the season to call for an "extremely active" few months ahead. NOAA joins other forecasters we track in calling for one read the full article →

RenRe’s third-party investors have “right of incumbency” – CEO O’Donnell

RenaissanceRe, the Bermuda headquartered specialty re/insurer and third-party reinsurance capital manager, has raised capital across numerous platforms over the last year, but the company always ensures investors have a "right of incumbency" on the deals they are already on, according to its CEO. RenaissanceRe (RenRe) has been raising third-party capital for read the full article →

Hurricane forecasters call for double-digit hurricane season in 2020

Two of the main hurricane forecasting teams that we track here at Artemis have both raised their seasonal forecast numbers for the 2020 Atlantic tropical storm and hurricane season significantly, with more than 10 hurricanes now expected to form. Colorado State University (CSU) and Tropical Storm Risk (TSR) have released their read the full article →

ACRA sidecar fees rise for Athene, but it’s all about the premium float

In the last quarter, Athene Holding Ltd., the life and retirement reinsurance company majority owned by investor and private equity specialist Apollo Global, earned an increased level of management fees from its Athene Co-Invest Reinsurance Affiliate (ACRA) sidecar vehicle. Before getting too ahead of ourselves with excitement of how this recently read the full article →

Bermuda private fund assets & registrations rise in Q1 2020

Bermuda continued to see an increase in assets under management of investment funds located in the domicile in the first-quarter of 2020, while the number of private fund structures, a popular one in the insurance-linked securities (ILS) space, continued to grow. The quarter was just when the global Covid-19 pandemic was read the full article →

Hudson Structured co-leads Series A for rideshare insurtech Buckle

Hudson Structured Capital Management Ltd., which enters into insurance and reinsurance investment business as HSCM Bermuda, has co-led a Series A funding round for rideshare focused insurtech company Buckle. Earlier this summer, Hudson Structured helped Buckle out by its HSCM Bermuda arm recapitalising an auto insurer the start-up was buying to read the full article →

Stone Ridge boosts interval ILS fund NAV with reverse share split

Stone Ridge Asset Management, the New York based asset manager with a focus on alternative risk premia strategies including reinsurance and insurance-linked securities (ILS), has actioned a reverse share split on its interval ILS fund strategy, effectively boosting the net asset value (NAV) of the strategy. Stone Ridge filed to undertake read the full article →

Side pockets for Covid-19 set-up in June, as ILS funds average 0.67%

A number of insurance-linked securities (ILS) fund managers established side pockets to segregate potential exposures related to the Covid-19 pandemic in June 2020, while some ILS and collateralised reinsurance funds also suffered adverse reserve development related to prior year catastrophes as well. But despite all of this, the average return of read the full article →

AIG’s AlphaCat sees ILS growth, as insurer discloses $458m Q2 Covid-19 hit

AlphaCat Managers, the insurance-linked securities and collateralised reinsurance investment manager entity of insurance giant American International Group’s (AIG), has returned to outright growth in terms of ILS assets under management (AuM), for the first quarter in a while. It's the first increase in ILS assets reported by AIG for the AlphaCat read the full article →