insurance linked securities


Generali develops framework for Green insurance-linked securities (ILS)

Generali, one of the largest global insurance and asset management companies, has recognised the potential for insurance and reinsurance linked investments to have green or ESG credentials and has developed a framework for Green insurance-linked securities (ILS).As a recognised European sponsor of catastrophe bonds, as one of the way's it read the full article →

Indiana state pension adds $50m to Aeolus ILS fund allocation

The Indiana Public Retirement System, a state pension fund with over $38 billion of pension related assets under management, has expanded its investments in funds managed by ILS and reinsurance focused investment manager Aeolus Capital Management.The pension fund has been invested in insurance-linked securities (ILS) for some years, having had read the full article →

GC / MMC to launch Isosceles Re transformer platform for 4(2) private ILS

The use of rented transformer platform structures for insurance-linked securities (ILS) and private catastrophe bond transaction issuance continues to expand and a new Isosceles Re offering from Marsh & McLennan Companies and reinsurance broker Guy Carpenter is set to help make issuance of 4(2) securities more simple.The new Isosceles Re read the full article →

Best of Artemis, week ending 23rd February 2020

Here are the ten most popular news articles, week ending 23rd February 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.Ten most read the full article →

Cat bond spreads move decisively in investors favour in 2020: Twelve Capital

Catastrophe bond spreads are back at levels not seen for at least five years and specialist insurance-linked securities and reinsurance investment manager Twelve Capital believes they have further to go in 2020, making this a compelling year for investors to allocate to the sector."Cat Bond spreads reflect prevailing conditions within read the full article →

PGGM promotes Sfaif to Director, Credit & Insurance Linked Investments

PGGM, the Dutch pension fund investment manager and the largest end-investor in the insurance-linked securities (ILS) space, has promoted its employee Youssef Sfaif to the role of Director, Credit & Insurance Linked Investments.Sfaif has a background in insurance and reinsurance having begun his career on the actuarial side for a read the full article →

Nationwide secures 44% upsized $490m Caelus Re 2020 cat bond

U.S. primary insurance carrier Nationwide Mutual Insurance Company is set for its largest slice of catastrophe bond backed reinsurance coverage ever, after its latest Caelus Re VI Ltd. (Series 2020-1 & 2020-2) transaction has now priced at a 44% upsized $490 million, we're told.That is very close to the maximum read the full article →

Pillar Capital ILS fund income recovers in 2019 for Alleghany

Income earned from its stake in specialist insurance and reinsurance linked ILS asset manager Pillar Capital and its funds has risen significantly in 2019, as catastrophe loss activity clearly had less of an impact during the year.Having reported an investment loss of -$1.7. million for 2017 and an even more read the full article →

Swiss Re to remain a major ILS & alternative capital player: CFO Dacey

Having brought together its insurance-linked securities (ILS) and retrocessional reinsurance activities last year, global firm Swiss Re expects to remain a major player in the alternative capital space, its CFO said yesterday.Swiss Re reorganised its insurance-linked securities (ILS) and retrocessional capabilities in 2019, merging its ILS and retro teams within read the full article →

TransRe working to expand strategic capital relationships: Alleghany CEO Hicks

TransRe, the reinsurance arm of Alleghany Corporation, is able to "punch above its weight" in the global reinsurancem market, thanks to its access to efficient third-party capital, Alleghany CEO Weston Hicks said.The Alleghany group is actively working together to help TransRe expand on its strategic capital relationships, to help in read the full article →