Nephila Capital news

Nephila Capital, the specialist insurance-linked securities and catastrophe reinsurance investment manager had a successful twelve months of capital raising, with its assets under management (AUM) rising by $600 million to reach $7.6 billion as of September 30th 2025, Artemis can report.

Brian Costanzo, Chief Financial Officer at Markel, indicated that the business that is fronted for Nephila Capital through Markel Bermuda Ltd (MBL) is performing very well this year, given the low level of catastrophe losses experienced.

Nephila Capital, the specialist reinsurance and insurance-linked securities (ILS) manager owned by Markel, has continued to grow its stature in the reinsurance market in the last quarter, with catastrophe premiums written growing and as a result the ILS manager has delivered increased fund management revenues to its parent as well.

MS Amlin, the Lloyd’s global re/insurer has appointed former Nephila executive and insurance-linked securities (ILS) expert Darren Toh as a Senior Underwriter within its Asia Pacific division, as the company continues to expand its presence and invest in strategic growth across the region.

Nephila Capital, one of the longest-standing and largest insurance-linked securities (ILS) managers, has been approved in principle to launch Lloyd’s Syndicate 2359, its third syndicate and its first in the market to have a pure property catastrophe risk and returns focus for specialised Lloyd’s investors and capital allocators, Artemis can report.

Speaking with Artemis, the leadership of Nephila Capital, one of the world’s largest and longest-standing insurance-linked securities (ILS) managers, explained their focus remains serving investors and being a valued trading partner with cedants.

Nephila Capital, one of the world’s largest and longest-standing insurance-linked securities (ILS) managers, has selected financial technology provider SEI to support its back and middle-office operations in both North America and the UK, as the manager continues to grow its presence in the ILS market.

Nephila, one of the world’s largest and longest-standing insurance-linked securities (ILS) managers, has made changes at the leadership level, with Jessica Laird promoted to become CEO of Nephila Capital, as one of its co-founders, Frank Majors, steps back from the top team to focus on portfolio construction.

Nephila Capital, the specialist insurance-linked securities (ILS) investment manager, has lifted the profit forecast for its Lloyd’s Syndicate 2358 for the 2024 year of account by 1.8% at the mid-point, implying a roughly $17.1 million profit based on the $150 million capacity base the syndicate had deployed for that underwriting year.

Nephila Capital, the insurance-linked securities (ILS) investment manager arm of Markel, has written 75% more in property catastrophe reinsurance premiums in the second-quarter of 2025, as the ILS manager continues to do more with less since its integration into the Markel business.