Reinsurance linked investment


Global Atlantic launches Ivy, a $1bn sidecar-like life & annuity co-investment vehicle

Global Atlantic Financial Group Limited, a leading United States life, retirement and annuities insurance and reinsurance company, has launched an intriguing co-investment vehicle named Ivy, which will operate as a kind of sidecar structure and is funded with $1 billion to invest in life and annuity reinsurance deals.The company announced read the full article →

Peak Re to acquire ILS manager Lutece

Peak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered global reinsurer that is majority backed by Fosun International, said this morning it has entered into a definitive agreement to acquire Bermuda-based insurance-linked securities (ILS) asset manager Lutece, which it will rename Peak Capital.Lutece was launched back in 2017 by read the full article →

Cat bond investment proposition holds, as ILS outperforms: Twelve Capital

The central catastrophe bond investment proposition has held during the extreme financial market volatility created by the coronavirus pandemic, with the ILS asset class positively outperforming other traditional asset classes, according to Twelve Capital.The overwhelming majority of catastrophe bonds are fundamentally unaffected by the current Covid-19 coronavirus crisis, as only read the full article →

$20m Eclipse Re Ltd. private cat bond issued around April renewal

The Horseshoe managed private catastrophe bond and insurance-linked securities (ILS) issuance and risk transformation vehicle Eclipse Re Ltd. has completed a second issuance of 2020, a $20 million Eclipse Re Ltd. (Series 2020-02A) transaction that came to market around the April reinsurance renewal.Horseshoe's Eclipse Re was one of the most read the full article →

Higher return potential, evident low-correlation, to drive resurgent ILS investor interest

The fact reinsurance prices have risen again at the January and April renewals, especially in peak catastrophe exposed zones, along with the recently demonstrated low-correlation to coronavirus financial market declines, suggests that the improved return potential of the ILS asset class will drive resurgent investor interest.We've been saying this for read the full article →

Best of Artemis, week ending 5th April 2020

Here are the ten most popular news articles, week ending 5th April 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.Ten most read the full article →

Stone Ridge’s interval ILS fund shrinks 10% and shifts further to cash equivalents

Stone Ridge Asset Management’s mutual insurance-linked securities (ILS) fund assets shrank again in the last quarter of record, with overall net assets down more than 7% in the period to January 31st 2020.However, the experience was not evenly shared across Stone Ridge's two mutual ILS fund strategies, as the managers read the full article →

Knipe launches life focused Kilter Finance, KKR commits up to $500m

Kilter Finance has been formally launched today by its founder Dan Knipe, a well-known figure in the life insurance-linked securities and investments marketplace.Knipe was most recently the Deputy Chief Investment Officer at specialist insurance-linked securities (ILS) manager Leadenhall Capital Partners LLP where he managed the life and mortality linked investment read the full article →

Hyperion X partners with Vario to offer whole-account ILS coverage

Hyperion X, the data analytics focused entity of the Hyperion Insurance Group, the global broker and consultancy that includes RKH Reinsurance Brokers, is partnering with Vario Partners LLP to launch a collateralised whole-account reinsurance offering backed by insurance-linked securities (ILS).Vario Partners was launched as a specialist and capital markets focused read the full article →

Nephila’s Syndicate 2357 lifts capacity target for 2020 to $554m

Nephila Capital, the largest insurance and reinsurance linked investment manager in the market, has again slightly lifted its stamp capacity target for the coming year to $554 million for 2020 for its syndicate at Lloyd's.In 2019, Nephila's syndicate suffered a loss of of almost $84.4 million, which was around 50% read the full article →