Insurance-linked investments


Rate hardening should persist at 1/1: Leadenhall CEO Albertini

Hurricane Ida "reminds us that the strength and trajectory is what is important when it comes to hurricanes" and that "there is always a lot to learn from every event". This is according to Luca Albertini, CEO of London-headquartered Leadenhall Capital Partners LLP, a subsidiary of MS Amlin. Speaking to Artemis read the full article →

Mutual ILS funds take Ida hit. Stone Ridge interval fund falls ~5%

The main mutual insurance-linked securities (ILS) and reinsurance linked mutual investment funds have experienced some declines in the wake of the recent landfall of major hurricane Ida. Hurricane Ida made landfall on August 29th in Louisiana with major 150 mph winds. The storm devastated regions of the coast, impacted New Orleans read the full article →

No change to underwriting as Swiss Re’s ILS capital grows: Rüede

As third-party or alternative capital managed continues to grow for global reinsurance firm Swiss Re, the company is keen to stress that this doesn't mean any changes to its underwriting approach and standards, Philipp Rüede told us. Swiss Re has big ambitions in ILS capital management, seeing it as a core read the full article →

Sidecar capacity – demand outpacing supply: Shiv Kumar, GC Securities

Demand for alternative reinsurance capacity to support sidecars and quota share structures is outpacing supply, according to Shiv Kumar who explained that the reinsurance sidecar market has grown despite facing challenges in recent years. According to GC Securities numbers the private collateralized quota share and reinsurance sidecar market now makes up read the full article →

Continuous disciplined institutional ILS capital growth expected: Leadenhall’s Volpi

The insurance-linked securities (ILS) market is expected to continue attracting new investors, leading to continuous growth, while even more investors from around the world are also increasingly getting familiar with the asset class, Lorenzo Volpi of Leadenhall Capital Partners explained in a recent interview. Volpi, the Head of Business Development and read the full article →

Palomar launches insurance fronting business, PLMR-FRONT

Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, is the latest carrier to want to offer its paper to risk capital, reinsurance and underwriting teams, with the launch of an insurance fronting business named PLMR-FRONT. Palomar highlighted its A.M. Best rating of “A-IX”, as the read the full article →

Abu Dhabi Investment Authority expanded its ILS portfolio in 2020

The Abu Dhabi Investment Authority (ADIA), a sovereign wealth investment fund owned by the Emirate of Abu Dhabi and tasked with investing funds on behalf of the Government of the Emirate, expanded its insurance-linked securities (ILS) allocations last year, as it put an increasing emphasis on asset classes that offer read the full article →

Gibson Re sidecar “not changing the recipe book” at R&Q: Spiegel

For Randall & Quilter (R&Q) Investment Holdings, the launch of its first collateralised reinsurance sidecar vehicle today is not about changing the "recipe book", meaning the firm's core area of focus in the legacy space remains, according to William Spiegel, Executive Chairman of R&Q. R&Q, the specialist non-life insurance and reinsurance read the full article →

R&Q launches $300m Gibson Re sidecar with investor support

Randall & Quilter (R&Q) Investment Holdings, the specialist non-life insurance and reinsurance legacy investor and program manager, has announced the formation and launch of a legacy insurance focused collateralised reinsurance sidecar named Gibson Re, which is being capitalised to the tune of roughly $300 million by investors. Gibson Re brings R&Q's read the full article →

COVID clarity to take time for exposed ILS investments: Albertini, Leadenhall

For insurance-linked securities (ILS) investments that carry potential exposure to losses related to the COVID-19 pandemic, clarity over the loss position is set to take time, according to Luca Albertini, Leadenhall Capital Partners Chief Executive Officer (CEO). We spoke with the CEO of one of the largest insurance-linked securities (ILS) specialist read the full article →