Reinsurance linked investment

The catastrophe bond and insurance-linked securities (ILS) market is expected to see healthy demand from investors in 2025, but the firmness and trajectory of pricing in the sector, and more broadly in reinsurance, remains less certain, according to Mark Gibson of Schroders Capital.

Hamilton, the Bermuda based insurance and reinsurance holding company, has continued to earn positive performance fees from activities under its Ada Capital Management third-party capital platform and its Ada Re collateralized reinsurance and retrocession underwriting vehicle, in the third-quarter of this year.

Icosa Investments catastrophe bond fund strategy that was launched at the start of this year has now reached a new milestone in surpassing US $300 million in assets, as success in raising inflows continued in recent months.

Specialist investment manager Twelve Capital has highlighted another stunning year for the catastrophe bond market, pointing out that the Swiss Re cat bond Index has returned 40% in just two years, but also sharing a note of caution that further spread tightening is possible with investor demand elevated for the asset class.

Here are the ten most popular news articles, week ending December 15th 2024, 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.

AIG has announced the launch of Syndicate 2478 at Lloyd’s, which is set to be a multi-year participant on its outwards reinsurance program and is supported by third-party capital from funds under Blackstone management, channelled through the London Bridge 2 PCC structure.

Qube Research & Technologies (QRT), a global quantitative and systematic investment manager that specialises in a technology and data-driven approach to allocation across liquid asset classes, has hired former Schroders executive Daniel Ineichen to lead an insurance-linked securities (ILS) strategy.

We’ve now published the full video of our recent Capital markets structures for originators (sidecars for MGA’s) live webinar that was held on November 21st 2024 and featured insurance-linked security (ILS) and reinsurance industry experts discussing the developing trend of risk originators using ILS structures, to source capital markets risk and partnership capacity.

France headquartered global reinsurance firm SCOR said today that it has added three new risk partners in 2024 so far, as it continues to expand its third-party capital relationships and activities under Risk Partnerships, while seeing its 2026 target for fee income growth from this business as on track.

Investor optimism remains strong for catastrophe bonds and reinsurance sidecars, but when it comes to collateralized reinsurance that optimism still lags, but institutional investors are positively working to address issues that have made allocating fresh capital more of a challenge in private ILS and collateralized reinsurance, according to Artex.