Insurance-linked investments

Poised to reach new heights in the coming months on the back of bumper year’s of catastrophe bond issuance, the insurance-linked securities (ILS) market is at “an exciting inflection point,” says Co-founder and Managing Director of Fermat Capital Management, John Seo.

Universal Insurance Holdings, the Florida headquartered and expansive primary insurance provider, has completed what it said was a time consuming reinsurance renewal, with ILS capital featuring heavily as usual.

The multi-asset class approach adopted by independently owned insurance and reinsurance linked specialist investment fund manager, Twelve Capital, allows flexible capital allocation while taking advantage of significant synergies.

American International Group, Inc. (AIG) has reported that the value of its investment stake in the insurance and reinsurance linked fund strategies managed by the AlphaCat Managers ILS unit recovered in the first-quarter of 2019, as too did the income it earned from ILS operations.

Mortgage insurance underwriter MGIC, which is among the largest writers of mortgage insurers in the United States, is returning for its second mortgage insurance-linked securities (ILS) and insurance-linked notes deal, bringing a $315.74 million Home Re 2019-1 Ltd. transaction to market.

Global asset management group Schroders has announced the hire of a new distribution lead for its private assets unit, with Peter Arnold set to head up the Alternative Sales Unit which includes the firms insurance-linked securities (ILS) strategies.

We’re delighted to reveal another wave of speakers who will be joining us at ILS Asia 2019, our fourth conference held in Singapore. A handful of Early Bird tickets are still available, so register today for this insurance-linked securities (ILS) conference.

One of the longest-standing insurance-linked securities (ILS) fund managers Coriolis Capital Limited has been acquired by SCOR Investment Partners, the investment arm of reinsurance giant SCOR.

OppenheimerFunds, Inc, the asset manager that is in the process of being acquired by investment giant Invesco to create a $1.2 trillion global powerhouse, has seen the assets under management of its catastrophe bond and related insurance-linked security (ILS) fund stabilise, but losses are evident in the annual return figures.

Armour Group, the Bermuda-headquartered P&C legacy or run-off reinsurance specialist and founder of ILS Investment Management (ILSIM), has announced that it has hired former Lloyd’s of London CFO as its new Group Chief Financial Officer.