Investors

Local government pensions funds in the UK are partnering up, creating new strategies and may seek diversification.

Just a few months into 2021, the first natural-disaster headlines of the year are already occupying the minds of ILS insurance risk-takers. The snowstorms that brought freezing conditions to Texas will be a challenging event to evaluate for a number of reasons.

The company said the funds raised would kick-start its effort to become a full-stack insurer.

It will also encompass impact investment manager BlueOrchard, although the microfinancier will keep its independent identity.