ILS funds news, insurance linked securities or ILS fund news

Catastrophe bond funds in the UCITS format experienced some outflows in the third-quarter of the year, with their combined assets under management falling by 4% to just over $9.95 billion in the period.

Hudson Structured Capital Management Ltd., the reinsurance asset manager that does its investment business as HSCM Bermuda, has announced a raft of promotions across the business within its senior team.

With the focus of ILS managers now shifting towards the all-important end of year reinsurance renewals, Stephan Ruoff, Global Head of Schroders Capital ILS, explained to us that insurance-linked securities (ILS) portfolio construction and positioning are a key focus at his firm.

Analysts at investment bank Goldman Sachs say that, while the supply of capital to the global reinsurance market is generally healing, this process has likely been slowed somewhat by the recent further increase to US interest rates.

Global financial services firm SS&C has been working to evolve its offering for insurance-linked securities (ILS) funds, to provide greater transparency and help ILS managers deliver a more streamlined service to investors, Ken Mahadeo told us in an interview.

This video features the sixth session of the day at our Artemis ILS Asia 2023 conference, held in Singapore on July 13th 2023, a panel discussion focused on corporate risk, with reference to risk managers in the Asian region, and the potential for insurance-linked securities (ILS) to play a role in transferring their risk.

The catastrophe bond and related insurance-linked securities (ILS) market slowed down as is seasonally anticipated during the third-quarter of 2023, but while the $549 million of issuance was below the ten-year average for the period, the catastrophe bond market remains on track for a record year in 2023, Artemis’ latest quarterly report shows.

Private ILS funds, so those allocating to collateralised reinsurance and instruments other than catastrophe bonds, saw a very strong August as seasonality boosted the average returns of this segment of the market to 1.67%, according to ILS Advisers.

Stone Ridge Asset Management, the New York based asset manager an alternative risk premia focus, has clearly demonstrated a strong return to growth for its mutual insurance-linked securities (ILS) fund strategies, adding 24% in ILS assets in the last quarter of record and with its cat bond focused strategy reaching a new high of $2.1 […]

The appetite of investors to fund reinsurance strategies, be they traditional equity-backed reinsurers, or insurance-linked securities (ILS) structures, is a key determinant to how long the current hard market will last, AM Best has said.