ILS funds news, insurance linked securities or ILS fund news

The Ambassador catastrophe bond mutual fund strategy has now surpassed the $100 million in assets under management (AUM) level needed to be recognised as a qualified institutional buyer (QIB), with further capital raised and allocated to new catastrophe bond positions in the last quarter of record.

Markel CATCo Investment Management, the retrocessional reinsurance specialist investment manager arm of Markel, is still running-off its portfolio of risk and in the last quarter of record managed to recover additional value as favourable development of its side pocket loss reserves continued.

This video of the fourth session of the day at our recent Artemis ILS Asia 2023 conference, held in Singapore on July 13th 2023, features a panel discussion about insurance-linked securities (ILS) related developments in Singapore, with its ILS regulatory regime and the future opportunity there.

Thus far, there are no signs or signals that a significant influx of alternative capacity will come in to disrupt the hard reinsurance market, particularly in the collateralised reinsurance space, according to analysts at J.P. Morgan.

Insurance-linked securities (ILS) capital overall is only growing back slowly, with some fresh capital raising largely just replacing that which had been lost due to catastrophe events or investor redemptions and exits, rating agency AM Best explained in a new report.

The retrocessional reinsurance market capital supply remains disciplined, which means capacity for retro protections is still not abundant and so this has been creating some difficulty for reinsurance firms that have relied on it in the past, Fitch Ratings has said.

Investment banking giant Goldman Sachs believes that investors are not fully appreciating how the changes to terms and conditions in property reinsurance will affect the outcome for reinsurers and other insurance-linked investments, feeling that the changes can drive strong additional returns for constituents.

This video of the third session of the day at our recent Artemis ILS Asia 2023 conference, held in Singapore on July 13th 2023, features Stefan Kräuchi and Tim Yip of Hong Kong based ILS investment manager and advisory firm ILS Advisers, which is part of the HSZ Group, discussing the insurance-linked securities (ILS) landscape […]

We’re told that some managers of insurance-linked securities (ILS) fund strategies that invest into collateralized reinsurance quota share arrangements and private sidecar structures, are anticipating a chance of attritional losses from some recent catastrophe events that have occurred around the globe.

The ILS ESG Transparency Initiative has been formed as a new insurance-linked securities (ILS) industry group focused on enhancing environmental, social and governance (ESG) transparency in the ILS market, as the Swiss-based working group of ILS managers expands with the addition of international members.