Stone Ridge Asset Management news

Insurance-linked securities (ILS) assets under management across the two main mutual ILS funds operated by Stone Ridge Asset Management shrank by approximately 11% during the last quarter of record to $3.4 billion.

Mike Sapnar, the former CEO of global reinsurance firm TransRe has now surfaced as Global Head of Insurance Solutions for the Stone Ridge owned NYDIG, tasked with leading the firms creation of bitcoin-powered products and services for the global re/insurance industry.

Stone Ridge Asset Management’s mutual insurance-linked securities (ILS) fund assets were relatively steady during the last quarter of record, but growth in short-term, more liquid assets held in the Interval structure suggest a liquidation of some private sidecar and quota share reinsurance positions, possibly to service further redemptions.

Mike Sapnar, the outgoing CEO of global reinsurance group TransRe, is heading for a new role at Stone Ridge Asset Management, the New York based asset manager with a focus on alternative risk premia strategies, according to sources and reports.

Stone Ridge Asset Management’s mutual insurance-linked securities (ILS) fund assets fell again in the last quarter of record, sliding just under 6% to end October 2020 with $3.82 billion of ILS assets across the two fund strategies.

Stone Ridge Asset Management, the New York based asset manager with a focus on alternative risk premia strategies including reinsurance and insurance-linked securities (ILS), successfully expanded the remit of its reinsurance and ILS investments to include non-catastrophe risks this year.

Stone Ridge Asset Management’s mutual insurance-linked securities (ILS) fund assets under management remained relatively flat through the last quarter of record, as redemptions appear to have slowed significantly, while the investor increased its holdings in catastrophe bonds.

Stone Ridge Asset Management, the New York based asset manager with a focus on alternative risk premia strategies including reinsurance and insurance-linked securities (ILS), has actioned a reverse share split on its interval ILS fund strategy, effectively boosting the net asset value (NAV) of the strategy.

Stone Ridge Asset Management’s mutual insurance-linked securities (ILS) fund assets shrank by a further 18% in the last quarter of record, as high levels of redemptions continued and over a billion dollars exited its interval ILS fund strategy.

Stone Ridge Asset Management, the alternative risk premia focused mutual fund manager that has specific reinsurance and insurance-linked securities (ILS) strategies, significantly expanded its allocations of capital to Lloyd’s of London syndicates in 2018 with its investments deployed into business amounting to almost $250 million of gross premiums.