ILS funds news, insurance linked securities or ILS fund news

Mereo Advisors, the Bermuda based insurance, reinsurance and asset management group that also manages insurance-linked securities (ILS) funds, has been rebranded as Cedar Trace.

With UCITS catastrophe bond funds delivering positive returns to their investors for the month of May, it has helped to lift the trailing twelve-month return for the UCITS cat bond fund sector back to an average of 12%, according to the latest data from the Plenum CAT Bond UCITS Fund Indices.

Tangency Capital Ltd., an investment manager in the insurance-linked securities (ILS) space with a focus on reinsurance quota share instruments, added a new Senior Analyst towards the end of last year, as experienced insurance-linked securities (ILS), parametric insurance and weather derivatives Bernard Finas had joined the company.

The Icosa Cat Bond Fund, the catastrophe bond fund strategy distributed by Icosa Investments, continued to grow in recent weeks and has now reached a new milestone of $500 million in assets under management (AUM).

Tangency Capital Ltd., an investment manager in the insurance-linked securities (ILS) space with a focus on reinsurance quota share instruments, has hired former Twelve Securis capital raising and investor relations specialist Alison Wallis as its new Investor Relations Manager.

The GAM Investments operated Star Cat Bond Fund UCITS strategy saw its catastrophe bond assets under management rise at the latest reporting of net asset values, halting a decline that began after ending its long relationship with the fund’s previous portfolio manager, Fermat Capital Management.

The ILS Advisers Fund Index, which tracks the performance of the insurance-linked securities (ILS) fund sector, has turned positive for the year after April on the back of another strong month of private ILS fund returns.

Super Early Bird tickets are running low for our next catastrophe bond and insurance-linked securities (ILS) market conference, Artemis London 2025. To join us in London on September 2nd, for a full-day of in-depth discussion about the ILS market and valuable networking, register to attend here.

Third-party investor capital under management at Bermudian global reinsurer RenaissanceRe’s Capital Partners division rose by roughly $770 million in the year to March 31st 2025, taking the total to a new high of $7.94 billion.

Aspen Capital Markets, the third-party, ILS and alternative reinsurance capital management unit of global re/insurer Aspen, generated half of the fee income earned in calendar year 2024 from managing casualty insurance and reinsurance opportunities for its investors.