subordinated insurance debt

The insurance sector is one of the most attractive in the universe of investment grade bonds right now, with manager Twelve Capital saying that its not just a good entry point, but also a good time to reposition fixed income portfolios towards insurance-linked assets.

Insurance-linked securities (ILS) investment manager Twelve Capital has adopted a defensive stance in the face of the market volatility caused by the financial market upheaval, although the company believes insurers are much better positioned than banks at this time.

The crisis being seen in banking sectors, most prominently with the failure of Silicon Valley Bank and sale of Credit Suisse to UBS, is not a crisis of the insurance sector, and there are no fundamentals to support the recent revaluation of insurance debt, Plenum Investments has stated.

Investing in insurance bonds looks even more compelling now against the broader macro-economic backdrop of volatile markets, according to Dinesh Pawar, Head of Insurance Bonds at specialist sector investment manager Twelve Capital.

Insurance bonds should not be ignored as a defensive investment opportunity with both yield and upside potential, according to Twelve Capital, with the manager believing that market dynamics have created a particularly attractive entry point for investors.

The resilience of the global insurance and reinsurance market through periods of protracted stress makes investing into insurance-linked debt a reliable component for any investors fixed income allocation, according to asset manager Twelve Capital.

Fixed income financial services investment specialist Cohen & Company, has made a $45 million debt investment into Brotherhood Mutual Insurance Company through its subsidiary Dekania Capital Management.

Twelve Capital Management, the Zurich-headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, is expanding its strategies to include insurtech investments with the help of a new collaboration with specialist insurtech investor Eos Venture Partners.

Twelve Capital Management, the Zurich-headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, has promoted Dinesh Pawar as its new CEO of UK operations.

Fixed income financial services investment specialist Cohen & Company, LLC has raised €375 million for new investment funds focused on provision of subordinated debt to the insurance and reinsurance sector in Europe.