Insurance linked securities investment manager news

Pillar Capital Management, the Bermuda-based specialist collateralized reinsurance and insurance-linked securities investment fund manager, has secured a new high-profile backer as managing general underwriter SageSure has made a strategic investment in the company.

In a webinar held this week, executives from specialist insurance-linked securities manager Plenum Investments explained that subordinated insurance debt is a rare category that is benefiting from volatility in government bond markets.

Hannover Re Capital Partners, the Bermuda-based insurance-linked securities (ILS) platform established by global reinsurance firm Hannover Re, is continuing to expand its activities on the island, with new fund infrastructure established to support ILS investment options for clients.

Further expansion in the ILS market doesn’t necessarily require venturing beyond property catastrophe risk, according to LGT ILS Partners’ Hilary Paul, who recently highlighted to Artemis, that because traditional reinsurers still hold the vast majority of global catastrophe exposure, directing capital market capacity toward extreme tail risks can complement traditional balance sheets without adding counterparty […]

Nuveen, a US asset manager subsidiary of TIAA, has now completed its acquisition of Schroders in a ~£9.9 billion deal, today setting out a plan to operate separately for 12 to 18 months then realise integration synergies, among which of greatest relevance to our readers private markets is expected to be organised by asset class.

Euler ILS Partners, the specialist Swiss insurance-linked securities (ILS) investment manager, has signed a multi-year agreement with Moody’s to utilise the firms catastrophe risk models, analytics and exposure datasets to support its underwriting, portfolio management and decision-making across ILS opportunities.

Aditya Dutt, President of Aeolus Capital Management, has indicated that the re/insurance industry is not making full use of the insurance-linked securities (ILS) investor base by treating the market as just a source of capital, where it should also be viewing it as a source of “strategic possibility”.

Allocations to reinsurance grew fastest among direct institutional investors in 2025, outpacing the growth rate of assets deployed at independent insurance-linked securities managers and reinsurer sponsored managers, according to recent data from broker Marsh Re.

As the catastrophe bond market continues to expand and create further opportunities in the ILS market, there is also a growing demand being seen for portfolios that combine liquid cat bonds with carefully selected private ILS exposures, which according to Twelve Securis’ Cahal Doris, gives investors greater control over liquidity, diversification and risk-return objectives.

As cyber, data centres and artificial intelligence (AI) generate new material cumulations of risk, matching ILS capital to these emerging exposures requires the right fund structures to unlock investor capacity without compromising core portfolio value, Leadenhall Capital Partners CEO Luca Albertini highlighted to Artemis.