ILS funds news, insurance linked securities or ILS fund news

Large Canadian institutional retirement fund, the Healthcare of Ontario Pension Plan (HOOPP), grew its allocation to insurance-linked securities (ILS) investments in 2022, with the asset class nearing 1% of its overall portfolio by the end of the year.

There is now only one week to go until our upcoming catastrophe bond and insurance-linked securities (ILS) market conference, Artemis London 2023 on Tuesday September 5th. Register soon to attend as there are a few spaces left!

Bermuda-based specialist collateralized reinsurance and insurance-linked securities (ILS) investment manager, Pillar Capital Management Limited, has no intentions of changing its strategy as steady growth in assets under management (AuM) continues.

The alternative capital market in reinsurance is primed for growth through the rest of 2023, with favourable conditions expected, according to rating agency Fitch.

Aspen Capital Markets, the third-party and alternative reinsurance capital management unit of global re/insurer Aspen, is benefiting from the increased assets under management (AUM) the unit had raised last year, with its fee income for the first-half rising by roughly 30%.

There are now just over two weeks left until our next catastrophe bond and insurance-linked securities (ILS) market conference, Artemis London 2023 on Tuesday September 5th. Register soon to attend!

The impact of tropical storm Hilary in California and surrounding areas of the US south west could be another event that serves to further erode some of the retention layers sitting beneath catastrophe bonds that provide aggregate reinsurance protection, investment manager Twelve Capital has cautioned.

Third-party capital in reinsurance, so what would often be termed alternative capital or insurance-linked securities (ILS) market capacity, is now projected to grow by over 3% in full-year 2023, to reach approximately $99 billion by year-end.

The insurance-linked securities (ILS) fund-of-funds strategy launched by Bermuda-based Clarien Investments Limited (CIL), the asset management arm of Clarien Bank, has now allocated to ILS fund strategies managed by Pillar Capital and Neuberger Berman, we’ve learned.

You can now view the agenda and session timings for our upcoming catastrophe bond and insurance-linked securities (ILS) market conference, Artemis London 2023 on Tuesday September 5th. Register soon to attend!