Insurance-linked investments

Robus, an insurance management, fiduciary and financial advisory firm that is part of the wider Ardonagh insurance and reinsurance Group, has received a green ESG kitemark accreditation for both its Protected Cell Company (PCC) and Incorporated Cell Company (ICC).

Following the completion of several transactions featuring a collateralized financing solution for intellectual property assets, this emerging asset class could be a massive opportunity for ILS funds and their investors, according to Lewis Lee, CEO of Aon’s Intellectual Property Solutions.

Vesttoo, the insurtech that uses proprietary artificial intelligence and machine learning to help companies assess and transfer risks to the capital markets, has raised $15 million in a Series B fundraising round, that included support from MS&AD Ventures.

Bermuda headquartered ILS fund and reinsurance linked investment manager ILS Capital Management has purchased more shares in Helios Underwriting, the Lloyd’s of London focused investment and underwriting vehicle.

We are delighted to announce to all our readers that we are returning to New York for an in-person conference on February 4th 2022, with ILS NYC 2022 registration now open and tickets available.

Twelve Capital Management, the Zurich-headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, has promoted Dinesh Pawar as its new CEO of UK operations.

Goldman Sachs has made a new hire within its investment banking Insurance Structured Finance team, adding Tony Nguyen, an experienced insurance-linked securities (ILS) structurer who most recently worked at Swiss Re.

Farmers Insurance Group, the US insurer that also operates across a number of reciprocal insurer brands and has links to Zurich Insurance Group, is sponsoring its first catastrophe bond, seeking at least $100 million of multi-peril US catastrophe reinsurance protection from the capital markets, with a Topanga Re Ltd. (Series 2021-1) issuance.

Markel Corporation has decided to wind down its retrocessional reinsurance focused insurance-linked securities (ILS) fund manager, Lodgepine Capital Management, citing retro market headwinds and a challenging fundraising environment.

Another new mutual investment fund is launching with a focus on investing in opportunities and asset classes that support the United Nations (UN) Sustainable Development Goals (SDG’s), with catastrophe bonds singled out as one suitable category to allocate to.