Investors

The securitised reinsurance tokens require a minimum investment of $20,000 in the US and $2,500 outside of the US.

Fermat’s John Seo divided the potential incoming capital broadly into “fast” and “slow” capital.

The ILS manager said the cat bond sector could double to become a $70bn market in the next three to five years.

Hudson Structured Capital Management (HSCM) Bermuda has set up an insurance credit strategy seeded with $400mn of initial capital from Security Benefit Life Insurance Company.

The ILS manager’s analysis highlighted that Lloyd’s nat cat exposure had lowered over the six years to 2021.

The investment analysts wrote that market dislocation offered an opportunity to invest on attractive historic yields.

For the ILS market, perhaps more than any other, the outcome of this year’s high inflation is still to be determined. Unlike other industries that are suffering increased immediate costs, this sector’s performance – as always – is ultimately driven by events no one can foresee.

ILS strategies specialist Siti Dawson is moving from LGT ILS Partners.

Frontier Advisors said sentiment continues to be challenged by performance.

Ludlow Re will grow “opportunistically” where there is confidence of producing attractive returns.

The major ILS investor described 2023 opportunities as attractive but said they were set to get more selective in the industry. 

Buyers are more open than ever to different sources of capacity, but the timing of entry will not be on the industry’s terms.