ILS funds news, insurance linked securities or ILS fund news

The insurance-linked securities (ILS) market’s ability to rebound from recent historical losses, resume its growth trajectory and deliver what investors have been looking for, is a true testament to its resiliency and overall value proposition to all stakeholders, Aon has said.

Twelve Capital, the Zurich-headquartered insurance-linked securities (ILS), catastrophe bond and reinsurance investment manager, remains positive on the potential for the private ILS market to continue to recover from its recent historical challenges and intends to launch a new strategy to target the end of year renewal period, Marcel Grandi, Head of ILS Sourcing told Artemis.

Speaking today in Monte Carlo, senior executives from Swiss Re’s reinsurance business unit explained that the firm’s Alternative Capital Partners (ACP) unit is an area where “consistency and continuity” are key, while the firm sees “zero conflicts” between its ACP investors and its equity holders.

Philipp Rüede, Head of Swiss Re’s Alternative Capital Partners (ACP) unit told us in an interview that the outlook for use of alternative capital and for insurance-linked securities (ILS) as an asset class has “significantly improved”, with expected returns now doubled or tripled in some ILS strategies.

Aeolus Capital Management Ltd., the Bermuda based reinsurance and insurance-linked securities (ILS) investment fund manager, has announced the promotion of long-standing team member Fergus Morrison to Partner at the firm.

Aon’s Reinsurance Solutions team intends to push reinsurers and ILS funds for rate reductions, in areas of the market where real competition is seen, with the higher-layers of towers likely to receive the most focus for price improvements for clients at the January 2024 renewals.

For global insurance and reinsurance group Everest, the Mt. Logan Re Ltd. third-party capital vehicle is a key strategic priority for the long-term, one that the company intends to grow, COO and Head of Reinsurance Jim Williamson told us.

In announcing its new three-year strategic plan this morning, called Forward 2026, global reinsurance player SCOR has highlighted an ambition to continue expanding its insurance-linked securities (ILS) asset management activities, while seeking increased fee income from retrocession partnerships in the coming years.

Nephila Syndicate 2358, the specialty lines focused syndicate at Lloyd’s operated by insurance-linked securities (ILS) investment manager Nephila Capital, is one of the partners to and beneficiaries of global specialty insurer Mosaic’s syndicated capital program.

The returns of insurance-linked securities (ILS) funds as a group continue on a record-setting pace through 2023, as the Eurekahedge ILS Advisers Index delivered 0.82% for July, taking the year-to-date to 7.83%.