Reinsurance linked investment

Announcing its results today, Novae Group plc explains that its special purpose Lloyd’s of London syndicate 6129, which it launched in partnership with ILS investment manager Securis Investment Partners, has driven significant growth.

Responses to a recent survey of investors in the insurance-linked securities (ILS) sector highlight the importance of track record and manager performance when selecting an alternative investment manager, although size and AuM are not deemed as important as you might think.

Korea Post Savings, a South Korean government backed savings entity linked to the countries state-run postal service, has launched an RFP process to find an insurance-linked securities (ILS) manager to allocate funds to.

The average return across a group of 34 insurance-linked securities (ILS), pure catastrophe bond and reinsurance-linked investment funds was 0.36% in January 2017, which is a significant uplift on the previous years 0.21%.

Artemis understands from sources that a ground breaking insurance-linked security (ILS) transaction has been completed featuring nuclear plant liability risks that were transferred direct to an investor in a private cat bond-like format.

Major investment manager Aberdeen Asset Management has increased its stake in the listed reinsurance and insurance linked securities (ILS) investment fund, the Blue Capital Global Reinsurance Fund, to over 5% with the acquisition of almost 2 million more shares.

Here are the ten most popular news articles, week ending 5th March 2017, 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.

Arndt Gossmann has stepped down from his role as CEO at run-off specialist European insurer DARAG. Gossmann is well-known across the insurance-linked investments space, having championed the transfer of run-off risk portfolios to third-party investors.

A new insurance-linked securities (ILS) and reinsurance linked investment fund vehicle, named Lutece Holdings Ltd., is being set up and prepared for launch by experienced ILS structuring and broking specialist Erik Manning, Artemis understands.

The diversification benefits of the insurance-linked securities (ILS) space offer real value to the asset classes growing investor base, says GC Securities’ Cory Anger.