NB Insurance-Linked Strategies


Neuberger Berman ILS raised $19.23m from recent NB Re share issuance

Neuberger Berman's Insurance-Linked Strategies team raised a total of $19.23 million from the recent listed share issuance from its NB Reinsurance Ltd. Bermuda domiciled Class 3 reinsurance vehicle. As we reported yesterday, NB Reinsurance Ltd., which is operated by global asset manager Neuberger Berman’s insurance-linked securities (ILS) unit, completed a new read the full article →

Neuberger Berman in new NB Re share issuance, likely to support capital raise

The NB Reinsurance Ltd., the Class 3 reinsurer of global asset manager Neuberger Berman's insurance-linked securities (ILS) operations, has completed a new issuance of shares which are likely to support new capital raising activities. The Bermuda domiciled reinsurance vehicle NB Reinsurance Ltd. was first launched in 2009 as Iris Reinsurance Ltd., read the full article →

ILS will enhance institutional client portfolios: Neuberger Berman

The addition of insurance-linked securities (ILS) investment expertise, through the recently announced acquisition of the Cartesian Re ILS operations, is expected to "enhance" the institutional client portfolios offered by asset manager Neuberger Berman Group. Neuberger Berman, a private asset manager with around $315 billion of assets, announced that it has acquired read the full article →

Cartesian Re & Iris Re acquired by Neuberger Berman Group

The insurance-linked securities (ILS) and collateralized reinsurance investment management entities of the Cartesian Capital Group have been sold to investment manager Neuberger Berman Group. Cartesian Re, the ILS asset management unit of Cartesian Capital, and the units reinsurance and segregated accounts vehicle Iris Re have both been sold to Neuberger Berman, read the full article →