investment oriented reinsurer

Dinos Iordanou, Chairman and CEO of insurance and reinsurance specialist Arch Capital, said that the investment-oriented reinsurer, or hedge fund-backed strategy, could be the “future of the business” as companies look to marry underwriting with investment expertise.

Bermuda-headquartered investment-oriented total return strategy reinsurance firm Third Point Re, backed by hedge fund manager Daniel Loeb and his Third Point LLC firm, does not have an ambition to branch out into primary insurance underwriting.

Fidelis Insurance Holdings is launching, after a $1.5 billion capital raise, as a hybrid insurance and reinsurance firm seeking to balance the underwriting and investment side of the business in order to generate a total-return that outperforms the market.

Investing in insurance and reinsurance for access to premium float liquidity is clearly rising in popularity, with the latest conglomerate reported to be seeking acquisitions being Shanghai development firm Future Land Development Holdings Ltd.

Multi-Strat Holdings, the owner of the MultiStrat Re platform which enables asset managers such as hedge funds to more easily get into the reinsurance business, has announced the acquisition of Annapolis Consulting Group LLC,

Insurance and reinsurance companies are at their most pessimistic on the prospects for the industry, according to the results of a survey undertaken by Goldman Sachs Asset Management, as low investment returns take their toll.