Insurance-linked investments


Eclipse Re vehicle issues new $30m private catastrophe bond

Eclipse Re Ltd., a special purpose insurance and segregated accounts company that was originally launched by Horseshoe Group and Rewire Securities LLC has issued a $30 million tranche of Eclipse Re Ltd. (Series 2019-03A) private catastrophe bond notes.Eclipse Re is a vehicle that can be used by insurance-linked securities (ILS) read the full article →

Blue Capital listed ILS fund liquidation to take up to 2021

The liquidation and running off of the stock exchange listed Blue Capital Alternative Income Fund insurance and reinsurance linked investment strategy is set to continue into 2020, demonstrating the long process of unwinding collateralised reinsurance contract investments.The listed insurance-linked securities (ILS) investment fund strategy, which is managed by ILS and read the full article →

Majority of ILS Advisers tracked funds negative in May 2019. Index falls to -1.13%

Only 5 of the 33 insurance-linked securities (ILS) funds tracked by ILS Advisers reported positive returns in May 2019, as catastrophe loss creep and cat bond price pressure dented sector returns, resulting in the Index falling to a negative -1.13% for the month.That's the lowest monthly return for the Eurekahedge read the full article →

Vida Capital, ILS manager Merion Square’s JV partner, to be acquired

Vida Capital, Inc., an alternative asset manager focused on non-correlating investment classes and a joint-venture partner in insurance-linked securities (ILS) asset manager Merion Square Capital LLC, is being acquired.RedBird Capital Partners and Reverence Capital Partners have teamed up to enter into a definitive agreement to acquire Vida Capital, Inc.The Vida read the full article →

Singapore to refine ILS infrastructure to support innovation: Gillian Tan, MAS

Singapore is acutely aware that it needs to continue to innovate if it is to achieve its goal of becoming a key insurance-linked securities (ILS) hub for the Asia region, as well as to support the widest range of ILS transactions possible.Speaking at our ILS Asia 2019 conference held in read the full article →

Hudson Structured leads investment round for insurtech RiskGenius

Hudson Structured Capital Management Ltd. (doing its insurance investment business as HSCM Bermuda), the insurance-linked securities (ILS), reinsurance and transportation focused investment manager, led a Series B funding round for insurtech Risk Genius.RiskGenius provides software-based natural language processing tools that help to improve the quality and accuracy of insurance policies.As read the full article →

Markel puts lawsuits from ex-CATCo CEO’s Belisle & Fredricks behind it

Markel Corporation has reached the point where it can put the two lawsuits from the ex-CEO's of its Markel CATCo Investment Management unit behind it, having agreed terms to settle or close the cases.The insurance and reinsurance firm has reached agreements to settle both complains of wrongful dismissal and withholding read the full article →

Climate risk transfer an opportunity for product design innovation: Greg Lowe, Aon

The growing pressure on corporations to take greater responsibility for the climate related risks and exposures they carry could present an opportunity for insurance and reinsurance market participants to demonstrate innovation in product design, according to Aon's Greg Lowe.Greg Lowe, the Head of Resilience & Sustainability at insurance and reinsurance read the full article →

Education, experience key to developing Asia’s ILS market: ILS Asia 2019 speakers

Yesterday Artemis held its fourth annual insurance-linked securities (ILS) conference in Singapore. ILS Asia 2019 saw 180 attendees from across the globe converge on the country, to hear insightful discussions on the state of ILS in Asia.The key takeaway of the day for me was that education is still absolutely read the full article →

Universal names Donaghy CEO, as Downes becomes Exec Chair

Universal Insurance Holdings, the Florida headquartered and expansive primary insurance player, has announced that its CEO Sean P. Downes is stepping into an Executive Chairman role, with his position to be filled by Chief Operating Officer, Stephen J. Donaghy.Universal is a significant buyer of reinsurance and user of alternative capacity read the full article →