Schroders

A survey of institutional investors allocation preferences for private asset classes shows a “notable” increase in interest in insurance-linked securities (ILS) at this time, according to global investment manager Schroders.

Global asset management group Schroders has announced leadership changes at its specialist insurance-linked securities (ILS) unit Schroder Secquaero, as Stephan Ruoff takes on the Head Of role as planned and Dirk Lohmann moves into the newly created position of Chairman.

Schroder Secquaero, the specialist insurance-linked securities (ILS) unit of the global asset management group Schroders, has hired Mark Gibson, a well-known UK based ILS and reinsurance convergence focused executive whose most recent role was at Neon.

The secondary market for catastrophe bond trading has offered some good opportunities in recent times, but with the focus now back on primary issuance, it’s an interesting moment for investors, says Stephan Ruoff of Schroder Secquaero.

The majority of institutional investors allocating to the insurance-linked securities (ILS) asset class are only expecting returns of up to 5%, confirming that for many, such as pension funds, ILS and reinsurance allocations are not an area where too much risk is being sought to add to portfolios

There’s always been a lot of discussion about just how much of their capital an institutional investor like a pension fund should allocate to an asset class like insurance-linked securities (ILS), but research from asset manager Schroders suggests that up to 5% remains the sweet spot.

Describing Hurricane Dorian as a near miss for the re/insurance sector, Dirk Lohmann, Head of ILS specialist asset manager Schroder Secquaero, said it was too early to predict the potential impact of Typhoon Faxai, which made landfall in the Chiba prefecture of Japan on Monday.

Global asset management group Schroders has announced the hiring and appointment of ex-Tokio Millennium Re Group CEO Stephan Ruoff to its Schroder Secquaero ILS management unit.

Global asset management group Schroders is set to acquire a majority stake in impact and microfinance investment management specialist BlueOrchard, the firm that is also the manager of the InsuResilience fund.

Global asset management group Schroders has taken its ownership stake in Swiss ILS & reinsurance investments specialist Secquaero Advisors AG to 100%.