Investors

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.

Conviction for ILS has shifted to ‘overweight’ from ‘neutral’ at the manager.

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

The pension investor re-directed capital to the Pillar Opportunity fund as of January 2022.

Frontier Advisors said sentiment continues to be challenged by performance.

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

The manager received a mandate from a new investor who had taken the call to come in ahead of Hurricane Ian.

The Massachusetts retirement system issued a request for proposals from ILS managers.

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