ILS funds news, insurance linked securities or ILS fund news

Analysts at Deutsche Bank recently concluded that at least stable pricing, or better, will be required for one of the major reinsurance firms to hit its long-term targets, something which applies to the rest of the industry as well.

Bermuda based specialist collateralized reinsurance and insurance-linked securities (ILS) investment manager Pillar Capital has announced the hire of Jeffrey T. Daddario as Senior Analyst, joining the firm from his last role with JLT Capital Markets.

Total net assets appear to have risen at industry loss warranty (ILW) focused mutual insurance-linked securities (ILS) fund the City National Rochdale Select Strategies Fund (CNRLX) in the last quarterly report, but at the same time the value of investments in the portfolio was almost static.

Nephila Advisors’ Co-Founder Greg Hagood feels scale is becoming increasingly important for insurance-linked securities (ILS) fund managers, and believes the next evolution of the ILS market is to “rationalise a very inefficient distribution chain.”

There is just over two weeks left until our third annual insurance-linked securities (ILS) conference in Asia. The full agenda for ILS Asia 2018 is now available on the website and we’re down to our final batch of tickets for the event. Today we wanted to give you a glimpse of who you can meet […]

Insurance and reinsurance industry broker Aon believes the rate rises seen this year made it a good time to initiate or add to an investment in insurance-linked securities (ILS), in light of the potential for firming to be sustained in some catastrophe markets.

The London exchange listed Blue Capital Alternative Income Fund insurance and reinsurance linked investment strategy has stopped making any new investments pending a vote to decide whether it should be put into run-off or not.

Another private catastrophe bond offering from the Eclipse Re platform, which is operated by the Horseshoe Group and Rewire Securities LLC, has come to market, in the form of a $97.6 million Eclipse Re Ltd. (Series 2018-02A) transaction, for which the sponsor is currently unknown.

Tony Belisle, the Chief Executive Officer of Markel CATCo Investment Management Ltd., has taken the number of shares he has recently acquired in his firms stock exchange listed retrocessional reinsurance ILS fund strategy to 2.5 million shares across all classes, with another two purchases made.

U.S. Coastal Insurance Company, a New York domiciled homeowners insurer that specialises in insuring coastal properties, was the sponsor of the recently completed $53.3 million Eclipse Re Ltd. (Series 2018-01A) private catastrophe bond, according to our sources.