ILS funds news, insurance linked securities or ILS fund news

We are delighted to announce our return to Singapore and the opening of ticket sales for our next catastrophe bond and insurance-linked securities (ILS) market conference, ILS Asia 2024, taking place on July 11th at the Suntec Convention Centre.

For the first-quarter of 2024, catastrophe bond funds structured in the UCITS format have delivered their investors a 3.65% return, while the trailing 12-month cat bond fund return is running at 14.55%.

After a successful 2023 and continued, strong interest in its strategies, insurance-linked securities (ILS) investment fund manager, Elementum Advisors, LLC, is optimistic on the growth of the market and the environment in 2024.

MultiStrat, a specialist underwriter, and reinsurance investment facilitator with a focus on helping investors access returns from casualty risks through insurance-linked securities (ILS) arrangements has deployed $1.75 billion of investor capital through its deals so far and is targeting further “significant growth” this year.

According to the Eurekahedge ILS Advisers Index, the average return of the catastrophe bond and insurance-linked securities (ILS) funds it tracks was the second strongest on record for February, coming in at 1.04% for the month.

The catastrophe bond and related insurance-linked securities (ILS) market has continued to set new records in the first-quarter of 2024, with an impressive $4.23 billion of new issuance recorded, Artemis’ new quarterly market report explains.

Aspen Capital Markets, the third-party and alternative reinsurance capital management unit of global re/insurer Aspen, continued to expand its funding for third-party capital and insurance-linked securities (ILS) vehicles, as total capital sourced reached $1.7 billion by the end of 2023.

2023 saw strong growth for insurance and reinsurance linked investment manager Nephila Capital’s specialty lines focused Syndicate 2358 at Lloyd’s, which more than doubled both its gross written premium and its profit for the year.

Syndicate 2357 at Lloyd’s, which is the flagship syndicate operated by Nephila Capital, a leading dedicated investment manager in the insurance-linked securities (ILS), weather and catastrophe reinsurance space, has reported a 65% increase in profits for 2023, as its combined ratio came in at a very low 25.5% for the year.

Twelve Capital, the Zurich headquartered insurance-linked securities (ILS) and reinsurance investment manager, has launched a new UCITS fund strategy that will be largely invested in catastrophe bonds, but also have a corporate bond component to offer investors a different risk-return profile, Artemis can reveal.