Reinsurance linked investment

Reinsurance as a sector and the major global reinsurers have suffered due to elevated catastrophe losses in recent years, but analysts at investment bank Berenberg believe that Hannover Re’s comprehensive retrocession program is giving investors confidence and helped to buoy its share price in 2021.

Tenax Capital, the London based hedge fund manager that was founded by CEO Massimo Figna and now counts FOSUN as its major shareholder, believes that catastrophe bond pricing and terms & conditions will remain attractive through 2022, while more inflows from generalist fixed income investors are possible.

Strategic Risk Solutions, Inc., an independent provider of insurance, reinsurance and captive management and consulting services, has announced the promotion of Peter Child to the role of CEO of SRS Europe.

Schroders, the global asset manager with a specialist insurance-linked securities (ILS) investment management business, has updated the investment strategy and policy of its flagship UCITS catastrophe bond fund, the Schroder GAIA Cat Bond, to incorporate specific ESG and sustainability features.

Here are the ten most popular news articles, week ending January 16th 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.

Environmental, social and governance (ESG) issues and the ESG appropriateness of investments, emerged as a “major consideration” for both insurance-linked securities (ILS) sponsors and investors during 2021, according to reinsurance broker Gallagher Re.

The main UCITS catastrophe bond funds as a group lifted their assets under management (AUM) significantly during 2021, to a new high of just over US $8.64 billion, representing 28% growth in AuM year-on-year.

Man Group, a global independent alternative and active investment management firm, is building out a range of capital solutions services of relevance to the insurance and reinsurance industry, which includes the ability to help third-party investors access returns derived from insurance risks.

Hudson Structured Capital Management (HSCM), the reinsurance, insurtech, insurance-linked securities (ILS) and transportation focused investment manager, has participated in the launch financing of a new life and annuity reinsurance firm named Martello Re Limited.

Hedge fund specialist investment manager K2 Advisors, a unit of investment firm Franklin Templeton, has named Michael Rich to lead its insurance-linked securities (ILS) strategies, after Jonathan Malawer departed the firm.