Life insurance-linked securities news

Kilter Finance, the insurance-focused specialty financing company launched by ex-Leadenhall Capital alumni Dan Knipe and backed by private equity giant KKR, is set to invest $89 million into Independent Insurance Group LLC , the parent of life insurer Independent Life.

The arrival of a global pandemic accelerated transformations already taking place across the re/insurance industry, which in turn has created an opportunity for certain insurance-linked securities (ILS) market participants to play a greater role, according to Luca Tres, Partner leading the global life origination and structuring efforts at Securis Investment Partners.

Leadenhall Capital Partners LLP has further expanded its assets under management, with both its non-life and life insurance-linked securities (ILS) growing to take the managers AuM to $6.4 billion as of January 2021.

London headquartered insurance-linked securities (ILS) and reinsurance related investments manger Leadenhall Capital Partners LLP has increased its assets under management to more than $6.2 billion in 2020, as the ILS fund manager has added over $600 million just since July.

Global investment manager Schroders has raised $420 million of capital from third-party institutional investors for a new life insurance-linked securities (ILS) fund strategy that it has launched.

London headquartered insurance-linked securities (ILS) and reinsurance related investments manger Leadenhall Capital Partners LLP has added a new Portfolio Manager hire, employing Lionel Daniele who has more than fifteen years’ experience in investment banking and trading.

Securis Investment Partners, the London-headquartered insurance and reinsurance linked asset manager, has launched a new Insurance Solutions Group as it seeks to expand the range of insurance-linked securities (ILS) investment options available to it.

A survey of institutional investors allocation preferences for private asset classes shows a “notable” increase in interest in insurance-linked securities (ILS) at this time, according to global investment manager Schroders.

Zurich-headquartered Schroder Investment Management (Switzerland) AG (Schroders) and London-headquartered specialist insurance-linked securities (ILS) and reinsurance linked investment manager Leadenhall Capital Partners LLP have both invested in a $43 million Series B fundraising for Australian life insurer Integrity Life.

Globally, the life insurance-linked securities (ILS) space is gaining momentum and in Asia specifically, the risk/return profile appears to be improving, according to Luca Tres, Head of Life, Securis Investment Partners.