investment fund

Insurance-linked securities (ILS), pure catastrophe bond and reinsurance-linked investment funds have managed an average return of 5.18% for the full-year 2016, which is up almost a percent from 2015’s 4.24%.

Zurich headquartered insurance and reinsurance linked investment fund manager Twelve Capital was the sole investor in a $20 million private debt issuance from R&Q Re (Bermuda) Ltd., the Bermuda Class 3A reinsurer of Randall & Quilter Investment Holdings Ltd.

The Blue Capital Global Reinsurance Fund, a London and Bermuda stock exchange listed reinsurance and retrocession linked investment fund, achieved an 8.26% return for 2016 despite some attrition from catastrophe losses during the year.

Multi-strategy hedge fund manager Elliott Management Corporation has completed its proposed acquisition of a controlling interest in Aeolus Capital Management Ltd., a leading insurance-linked investment manager focused on collateralized property catastrophe reinsurance and retrocession.

Insurance-linked securities (ILS), pure catastrophe bond and reinsurance-linked investment funds have recorded minor impacts due to the New Zealand earthquake in November 2016, but in the same month recovered some ground on an improved hurricane Matthew loss outlook.

Bermuda headquartered reinsurance group RenaissanceRe Holdings Ltd. has announced a number of senior executive changes, one of which will see the companies Ventures unit President Aditya Dutt also taking on the role of RenRe Treasurer.

The trend of insurance and reinsurance linked investment managers looking to access returns through insurance private debt provision continues, with two ILS managers leading a $79.5 million private debt issuance for U.S. primary property and casualty insurance group Heritage Insurance Holdings, Inc.

Zurich and London-based insurance and reinsurance linked investment manager Twelve Capital has invested in a $30 million private debt issuance from United Insurance Holdings and placed by BMS Capital Advisory, Inc.

Insurance-linked securities (ILS), pure catastrophe bond and reinsurance linked investment funds saw a below average return of 0.42% in October 2016, as the majority of hurricane Matthew losses were factored into monthly NAV’s.

Blue Capital Management, the ILS and reinsurance linked asset management unit of Bermuda re/insurer Endurance, has revealed the impact to its London and Bermuda stock exchange listed reinsurance linked investment fund from catastrophes in October.