For investors, there’s no question ILS has a role to play: Prospectus 2021

While challenges around capital consumption and the potential for overlap on the P&C side are clear, for investors, the insurance-linked securities (ILS) asset class represents a great opportunity to complement other private market solutions, according to industry experts. The comments came during the second day of Prospectus 2021 – the new read the full article →

Fosun completes acquisition of remaining 80% of Ironshore

Fosun International Limited has now completed its acquisition of the remaining 80% of Ironshore that it did not already own, helping it to grow its footprint in insurance and reinsurance, as it becomes a more insurance-oriented investment group. Fosun, a privately held China grown but globally focused investment and asset management read the full article →

Fosun bids to buy the 80% of Ironshore it does not own

Fosun International Limited is taking steps to increase the contribution of insurance and reinsurance to its business, bidding to buy the rest of re/insurer Ironshore as it seeks to become an insurance-oriented investment group. Fosun, the privately owned global investment and asset management conglomerate, wants to follow a Warren Buffett styled read the full article →

Fosun hails ‘Buffett model’, set to acquire more re/insurance firms

Private-owned global investment and asset management conglomerate, Fosun International Limited’s adoption of Warren Buffett’s reinsurance and investment model is proving to be a success, as the China-based organisation eyes further acquisitions. The Shanghai firm has been taking big steps towards its goal of becoming an “insurance-oriented investment group” since its 80% read the full article →

Re/insurance. The engine of Berkshire Hathaway: Warren Buffett

Warren Buffett's much-anticipated 50th anniversary letter to Berkshire Hathaway investors was published on Saturday and the 'Sage of Omaha' explained that insurance and reinsurance has been "the engine" that propelled the firm's expansion. Buffett's was the first to truly discover the value of insurance premium float, by building huge pools of read the full article →

How Berkshire Hathaway thinks of reinsurance float: Warren Buffett

Today saw the publication of one of the most interesting shareholder letters of the year, high-profile investor Warren Buffett's letter to shareholders in his diversified investments, insurance and reinsurance firm Berkshire Hathaway. Buffett's Berkshire Hathaway is perhaps the archetypal follower of the hedge fund style, or asset manager backed, reinsurance strategy read the full article →

Pennsylvania schools pension fund on ILS investment exposure to Sandy

Here's an interesting side-story on Sandy where a U.S. state schools pension fund was in the path of hurricane Sandy, Pennsylvania was a state impacted by the storm, and now also faces a potential impairment to their investment portfolio because they have invested in a reinsurance-linked investment fund. The Pennsylvania read the full article →

Pennsylvania schools pension fund enjoys risk/return profile of catastrophe bonds

Last June we wrote about the Pennsylvania Public School Employees’ Retirement System (PSERS), the public body that organises, manages and invests the retirement funds of public school employees in Pennsylvania, and their first allocation of capital to the catastrophe bond and insurance-linked securities asset class. They allocated $250m into the read the full article →

ILS investor interest still far outstripping demand

Most insurance-linked securities and catastrophe bond investors are holding onto their portfolio positions as they wait to see what the fourth quarter will bring in the way of new opportunities to deploy capital, say investment manager Clariden Leu in their latest monthly fund managers report. During the month of September, Clariden read the full article →

Catastrophe bond market prices reflective of strong investor interest

Despite a fairly volatile month of trading in the secondary catastrophe bond market during August, market prices continue to reflect strong investor interest in the asset class according to investment manager Clariden Leu in their latest monthly fund managers report. They say that secondary cat bond trading was slow at read the full article →