Reinsurance linked investment

Brit Ltd., the specialty insurance and reinsurance company, has ambitious plans to expand its Sussex Capital ILS management and collateralised reinsurance platform, according to Chris Denton, Managing Director of Sussex Capital Management and the Chief Underwriting Officer of Brit Re.

Here are the ten most popular news articles, week ending February 13th 2022, 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.

Specialty insurance and reinsurance player Brit Ltd. has made two new senior hires to the team of its Sussex Capital ILS management and collateralised reinsurance platform, adding well-known insurance-linked securities (ILS) executives Cornell Fox and Masa Kitade in Bermuda.

Markel CATCo Investment Management has gained support from a majority of investors in its listed retrocessional reinsurance investment fund for the improved terms of the buy-out offer and an extension of the Support Undertakings to 31st March 2022.

Specialty insurance and reinsurance player Brit Ltd. reported its results for 2021 this morning and its senior executives disclosed that the company experienced increased income through its third-party capital management activities for the year, while these structures also played a role in funding capital to its new algorithmic Ki Syndicate.

Hudson Structured Capital Management (HSCM), the reinsurance, insurtech, insurance-linked securities (ILS) and transportation focused investment manager, has hired Jason Saints from Arch Capital as a Vice President, Re/Insurance of its HSCM Bermuda branch.

Demonstrating that the returns of Lloyd’s insurance and reinsurance market business remains very attractive to investors, Beazley said this morning that its Smart Tracker special purpose arrangement (SPA) syndicate 5623 is now “significantly oversubscribed by third party capital”.

Elementum Advisors, LLC, the insurance-linked securities (ILS) fund management and collateralised reinsurance underwriter, has made three promotions as it continues to strengthen its institutional quality ILS management platform.

Vesttoo, the insurtech that uses proprietary artificial intelligence and machine learning to help companies assess and transfer risks to the capital markets, has partnered with non-catastrophe specialty P&C reinsurance firm Corinthian Re, to launch a new non-cat P&C investment opportunity called VESCOR.

International specialty insurance and reinsurance group Chaucer plc has renewed its fully collateralised reinsurance sidecar vehicle for 2022, adding new third-party investor capital to support its reinsurance underwriting at Lloyd’s, Artemis has learned.