investment manager

Share

Alleghany investment income from ILS manager Pillar Capital up

Insurance, reinsurance and financial services group Alleghany Corporation continues to see year-on-year increases in the investment income from ILS manager Pillar Capital, as the profit contribution it receives from the insurance linked asset manager grows.The profit and investment income shared by insurance and reinsurance linked securities manager Pillar Capital to read the full article →

ILS manager Pillar Capital’s profit shared with Alleghany drops in Q2

For the first quarter in a while the profit contribution made by insurance and reinsurance linked specialist asset manager Pillar Capital to Alleghany Corporation declined year on year, with Q2 seeing just $1m booked.Over recent quarters the profit shared by ILS manager Pillar Capital to Alleghany has been growing steadily, read the full article →

Petra Haven wins ILS sub-advisory mandate from Verity Asset Management

Petra Haven Capital LLC has won a sub-advisory mandate for insurance-linked securities (ILS) investments from Verity Asset Management, Inc., a Durham, North Carolina based asset manager and registered investment adviser.Petra Haven, founded by Brad Chance in 2012, launched as one of the few U.S. domiciled ILS managers, based in Charlotte, read the full article →

Alleghany profit from ILS relationship with Pillar Capital up in Q1

Year-on-year, insurance and reinsurance holding company Alleghany Corporation saw an increased Q1 profit contribution from its investment and strategic partnership in insurance and reinsurance linked specialist ILS asset manager Pillar Capital.Alleghany gained a stake in Pillar Capital when it acquired Transatlantic Holdings, including the property and casualty reinsurer TransRe, in read the full article →

ILS manager Pillar Capital’s contribution to Alleghany slows in 2014

The contribution that an investment and strategic partnership in insurance and reinsurance-linked specialist ILS asset manager Pillar Capital provided to re/insurance holding company Alleghany Corporation’s results slowed in the second-half of 2014.Having begun the year strongly, with a doubling of investment income received thanks to its equity stake in insurance-linked read the full article →

DCG Iris investors approve winding up of ILS fund

The London Stock Exchange listed shares of the DCG Iris London-listed insurance-linked securities (ILS) fund will soon be no more, after its investors approved a proposal to wind-up and liquidate the ILS fund's assets today.As we wrote earlier, DCG Iris' shares had been suspended from trading on the exchange read the full article →

DCG Iris shares suspended from trading, winding up decision awaited

The London Stock Exchange listed shares of the DCG Iris London-listed insurance-linked securities (ILS) fund have been suspended from trading as an extraordinary general meeting takes place this morning to decide on the funds winding up.DCG IRIS, a listed ILS fund marketed and operated by UK investment management firm Dexion read the full article →

DCG Iris details costs associated with winding up ILS fund

DCG Iris, a London-listed insurance-linked securities (ILS) fund, marketed and run by Dexion Capital with Credit Suisse's ILS team providing ILS asset management services, is soon to exist no more as the company is set to be wound up.The Directors of DCG Iris proposed the winding up of the ILS read the full article →

LGT increases ILS assets to $3.9B, gains new pension fund mandates

Swiss located insurance-linked securities (ILS) and reinsurance-linked investment management firm LGT Insurance-Linked Strategies has increased its ILS assets under management to an impressive $3.9 billion by the mid-point of 2014.The LGT ILS unit has seen impressive growth in 2014, having started the year with $2.743 billion of assets under management, which read the full article →

DCG IRIS directors propose liquidation of fund, return of capital

The DCG Iris London-listed insurance-linked securities (ILS) fund, marketed and operated by Dexion Capital with Credit Suisse providing ILS asset management services, may come to a close, with its Directors proposing its liquidation.The DCG Iris ILS fund was launched in June 2012 when it raised £40.1m in its initial share read the full article →