nephila capital


Nephila Capital gets $100m investment from New Jersey state pension

Nephila Capital, the largest dedicated manager of insurance-linked securities (ILS) and catastrophe or weather exposed insurance and reinsurance assets, has won a $100 million allocation from the state of New Jersey Division of Investment, a manager of state pension funds. The New Jersey Division of Investment manages the retirement benefits of read the full article →

Markel’s ILS revenues fall on lower fee income at Nephila

Evidence of third-quarter 2020 catastrophe loss impacts and trapped capital are seen in Markel Corporation's third-quarter 2020 results, as the company reported reduced revenues from its insurance-linked securities (ILS) operations, primarily due to a decline in management fee income at Nephila Capital for the period. Nephila Capital, the largest dedicated insurance-linked read the full article →

Nephila backs weather-linked wind power risk transfer for data center provider

Nephila Climate, the weather and climate risk focused arm of the largest independent insurance-linked securities (ILS) manager Nephila Capital, has provided capacity to back a weather-linked wind farm risk transfer deal, to support the needs of a data center provider. Working with its regular partners the Capital Solutions unit of Allianz read the full article →

Nephila backed Jupiter launches ClimateScore risk analytics product

Jupiter, a tech company focused on provision of predictive data and climate risk and resilience analytics that counts the largest ILS fund manager Nephila Capital as one of its investors, has launched a new product that it boasts provides "analytics of physical climate risks for the entire planet." Jupiter's products and read the full article →

Praveen Reddy promoted to COO at Nephila’s MGA Velocity

Praveen Reddy has been promoted to Chief Operating Officer of Velocity Risk Underwriters LLC, the managing general agency (MGA) operation of reinsurance, catastrophe, climate and weather risk-linked investment manager Nephila Capital. Reddy had joined Velocity Risk Underwriters in its launch phase around the middle of 2015 and has played a significant read the full article →

Markel hopes to add new ILS inflows during second-half: Co-CEO Whitt

Markel Corporation hopes to see fresh inflows coming into its insurance-linked securities (ILS) business in the second-half of 2020, as the capital markets become less volatile and investor confidence recovers, according to Co-CEO Richie Whitt. As we explained yesterday, insurance-linked securities (ILS) assets under management have declined at Markel's flagship ILS read the full article →

Nephila drives rising ILS revenue for Markel, but AuM shrinks again to $9.5bn

Nephila Capital, the largest dedicated insurance-linked securities (ILS) investment manager in the industry, has continued to drive rising ILS related revenues for parent Markel Corporation in the second-quarter, but its assets under management declined further, ending June at $9.5 billion. Markel, the global insurance, reinsurance and investment group, positions insurance-linked securities read the full article →

Nephila to name AXIS’ Louden as specialty syndicate active underwriter

Nephila Capital, the largest dedicated specialist insurance and reinsurance linked investment fund manager, is to appoint an active underwriter for its new specialty lines focused Syndicate 2358 at Lloyd’s. Ross Louden will join the company to take on this role later this year, the company confirmed, after a period of gardening read the full article →

Covid uncertainty highlights need for risk transfer transparency: Majors, Nephila

The uncertainty that the Covid-19 pandemic has created for the insurance and reinsurance industry serves to further highlight the need for risk transfer data transparency, all the way down the market chain, according to Nephila Capital Co-CEO Frank Majors Speaking with us in a video interview back in April, which you read the full article →

Nephila Capital launching specialty focused Syndicate 2358 at Lloyd’s

Nephila Capital, the world's largest insurance and reinsurance linked investment fund manager, is expanding its activities in the key Lloyd's of London marketplace with the launch of a new syndicate that will follow selected specialty lines underwriters performance. Syndicate 2358 at Lloyd's is being launched by Nephila Capital through its dedicated read the full article →