Reinsurance linked investment

There is just one week left to secure an Early Bird rate to attend our upcoming Artemis ILS NYC 2025 conference in New York on February 7th next year, so to get your ticket at the best possible price please register soon to attend the event.

King Ridge Capital Advisors LLC has been launched as a new insurance-linked securities (ILS) investment manager by sector specialists Rick Pagnani and Vijay Manghnani, Artemis understands. We’ve learned that the new company has already reached a sub-advisory agreement to take on portfolio management duties for the awaited first catastrophe bond ETF.

CatX, the digital catastrophe and parametric risk exchange company, has announced another partnership with modelling and risk analytics specialist Verisk, whose catastrophe risk models will be integrated into its platform services.

A recent poll of insurers in the United States, undertaken by broker Aon’s Capital Advisory division, found that within those carriers’ capital management plans for 2025, insurance-linked securities (ILS) and third-party reinsurance capital solutions are a significant feature.

Even with a few consecutive years of ~10% pricing declines, the global property catastrophe reinsurance market can still deliver strong returns to reinsurers as long as terms, attachments and conditions all remain stable, analysts at JMP Securities have said, which would also presumably read across to third-party capital investors.

A multi-manager liquid alternatives investment fund strategy managed by J.P. Morgan and offered to clients through a partnership with British private bank and wealth manager Coutts & Co. has updated its investment policy to allow up to 10% of the strategies assets to be allocated to catastrophe bonds.

Commenting on the recent announcement from MetLife, Inc. that it plans to launch Chariot Reinsurance, a new Bermuda based company that will initially act as a kind of sidecar for the company, S&P Global Ratings has highlighted how these structures provide efficient access to “on-demand” capital for their sponsors.

As the running-off of the exchange listed CATCo Reinsurance Opportunities Fund, the stock exchange listed retrocessional reinsurance strategy operated by Markel CATCo, completed this year, the company has now revealed that the net asset value of the shares rose 52% just this year as additional positive loss development was experienced.

Today we have four more expert speakers to announce for our upcoming Artemis ILS NYC 2025 conference in New York on February 7th next year, but we also want to remind you that the Early Bird rate expires in just over one week, so please register soon to secure your ticket to attend the event.

Having previously indicated that it was cautious on reinsurance market conditions and undecided as to whether to add to its insurance-linked securities (ILS) investments for the January 2025 renewals, the Florida State Board of Administration now appears set to move forwards and increase its allocation to the sector.