Insurance-linked investments

AXIS Capital, the Bermuda based specialty insurance and reinsurance company, reported a significant 39% increase in fee income generated from its work with third-party investors for full-year 2024.

Argenta Private Capital Limited (APCL) and Helios Underwriting PLC have launched a 2025 round of Starter Homes investment vehicles, that offer a capital efficient way for investors to access the returns of the Lloyd’s insurance and reinsurance market.

Signal Iduna Reinsurance Ltd. (SI Re), the Swiss based reinsurer, has reported that while the reinsurance industry experienced an orderly renewal season in January, the strong performance of the insurance-linked securities (ILS) market helped to reopen the retrocession market during the key renewals.

Montauk Point has been launched in Bermuda by well-known reinsurance industry executive Adam Szakmary to provide independent advisory services to third-party risk capital providers.

The Los Angeles, California wildfires have had a minimal effect on the Plenum CAT Bond UCITS Fund Indices, as the write-downs in value of exposed positions for the sector manifest largely in reduced gains being made, although resulting in a very slight decline for the Index representing the lower-risk cohort of catastrophe bond funds.

Insurance-linked securities (ILS) focused solution provider Jireh Risk Advisors Ltd. has announced a partnership with independent insurance manager Strategic Risk Solutions (SRS) in Bermuda, that will see the pair delivering ILS related services, including risk transformation through a newly launched SPI, Strata ILS Ltd.

Radix Insurance Linked Strategies (Radix ILS) has been founded by former Hamilton ILS executive Hanni Ali as a new Bermuda-based third-party capital manager and reinsurance capacity deployment company with a technology-first focus.

Securis Investment Partners, the London-headquartered specialist insurance-linked securities (ILS) investment manager, has announced the hiring of Armand Foy to the role of Investor Relations (North America).

The insurance-linked securities (ILS) and reinsurance investments portfolio of Dutch pension PFZW, which is managed by pension investment firm PGGM, delivered a 15.1% return for full-year 2024, while in asset terms the allocation was a little down year-on-year but flat through the fourth-quarter.

According to senior executives at Reinsurance Group of America (RGA), the fee income flowing to the company from its third-party capitalised Ruby Re life reinsurance sidecar is already meaningful and while a new transaction was ceded to the sidecar in Q3 last year, the structure still had around two-thirds of its capital and capacity left […]