Twelve Securis

Specialist insurance-linked securities manager Twelve Securis has launched a new insurance-linked investment fund strategy that will primarily focus on Restricted Tier 1 (RT1) insurance debt instruments.

As the catastrophe bond market continues to expand, the next phase of growth won’t come from standardization alone. Digitization, streamlining data and deal flow, will be crucial for handling scale while preserving sponsor flexibility, according to Tanja Wrosch, Head of Cat Bond Portfolio Management at Twelve Securis.

Artemis can reveal that specialist ILS manager Twelve Securis is the seller of a seasoned portfolio of life insurance-linked securities (ILS) that Hudson Structured Capital Management Ltd. (HSCM) is acquiring through the launch of a new fund, with this deal demonstrating the increasing sophistication of market players and growing maturity of the ILS sector.

For the insurance-linked securities (ILS) asset management sector, operational capabilities are going to be key, while the transformative potential of artificial intelligence (AI) means it must be considered, Dr. Urs Ramseier, CEO of Twelve Securis told Artemis in an interview just before the Monte Carlo Rendez-vous event.

Twelve Securis, the specialist insurance-linked securities investment manager, has made some changes to the leadership for its private ILS focused division, with long-standing employee Paul Larrett named as the new Head of Private ILS, as incumbent Herbie Lloyd is set to depart the company.

The Twelve Cat Bond Fund, the flagship UCITS catastrophe bond fund strategy operated by insurance-linked securities (ILS) manager Twelve Securis, has reached a new milestone in terms of its size, becoming the first UCITS cat bond fund to surpass US $4 billion of assets under management.

The 2025 Atlantic hurricane season forecasts, alongside physical indicators for conditions and internal risk modelling, suggest a season of average-to-moderate activity, leading specialist insurance-linked securities (ILS) investment manager Twelve Securis to call it a “relatively balanced risk landscape.”

European insurers accelerated their use of subordinated debt markets in the first quarter of 2025, with issuance volumes hitting their highest Q1 level in 14 years, according to specialist insurance-linked securities (ILS) manager Twelve Securis.

Specialist insurance-linked securities investment manager Twelve Securis has put in place a temporary restriction on new subscriptions to its flagship Twelve Cat Bond Fund, as the manager looks to manage flows as the strategy reaches a new record size.

According to Twelve Securis, the specialist insurance-linked securities (ILS) manager, the combination of advancements being seen in catastrophe modeling, along with shifting climate patterns, and the ability to generate uncorrelated returns, is making ILS an increasingly attractive investment amid a rapidly changing risk landscape.