-
Gordon was set to join start-up brokerage Juniper Re last month.
-
The pension fund’s ILS allocation as of the end of 2023 was CHF300.3mn ($356.8mn).
-
ILS returned 3.2% for the scheme in the first quarter.
-
The new global bond fund can take a ‘marginal allocation’ to cat bonds.
-
The fund is a continuation vehicle for five of HSCM's life insurance interests.
-
The platform’s ILS holdings comprise cat bonds and UCITs funds, and were up 8% over January and February.
-
The pension fund handed an ILS mandate to Hiscox in September 2023.
-
The group has also scaled back holdings with AlphaCat’s Soteria Fund.
-
The platform distributed ~$50mn to investors for 2023.
-
The fund will follow an existing Twelve strategy and add short-term corporate bonds.
-
The Cayman Islands entity raised $2.4mn last June.
-
-
-
ILS platform London Bridge II has had a good year as volumes reached $750mn, the CFO said.
-
It is only the second year in the last eight that the allocation grew.
-
Head of alternatives Gareth Abley believes the asset class remains attractive following a 16% return in 2023.
-
The firm was founded in 2015 to help clients raise capital.
-
Aside from the one-year view, 2023 remixes the track record.
-
The allocation last autumn amounted to around 1.4% of the investment manager’s total funds under management.
-
The asset manager’s largest ILS allocation across two multi-strategy funds is to a Leadenhall fund.
-
The fund will promote environmental and social characteristics under Article 8 of the SFDR.
-
The asset manager’s flagship ILS funds posted stellar returns for its 2023 fiscal year.
-
TRUE will use the capital injection to provide underwriting capacity in Florida “at a crucial time” and to expand its footprint nationally, according to a statement.
-
The US pension fund investor had altered its ILS portfolio, with a new investment to Pillar in 2021.
-
The Australian sovereign wealth fund first allocated to the ILS manager in 2016.
-
This latest funding round brings total committed capital for the collateralized reinsurer to $75mn.
-
The firm’s follow-only Syndicate 2358 has grown its stamp by 67% to £150mn.
-
Research by Kepler Absolute Hedge showed that seven out of the 10 best-performing alt credit funds were cat bond strategies.
-
The fund’s allocation to ILS decreased for the first time in three years.
-
As of year-end 2022, the fund’s largest ILS allocation was in a RenRe fund.
-
The fund has been adapting its investment strategy in light of inflation and rising interest rates.
-
Stress-test numbers were increased to 112, including scenarios of losses in multiple years, up from 105.
-
The fund is on course for its strongest year of returns since inception in 2014.
-
The IOP will be integrated into the Open Protocol reporting template.
-
The Middle Eastern investor had built up a billion-dollar portfolio, but personnel turnover has ultimately driven it to reverse course.
-
Ambassador was set up in 2021 with Embassy Asset Management the named investment adviser.
-
Interest income also boosted the results, with net assets of $9mn rising to $10.8mn by the half-year point.
-
The transaction covered a portfolio of $250mn in casualty risk premiums.
-
The pension fund is seeking a strategy with “low or negative correlation to public equity”.
-
The firm has moved to defend its plans against a rival strategy supported by a small group of investors.
-
The investment firm’s ILS holdings were worth around $746mn at year-end 2022.
-
The UK asset manager’s ILS strategy is operating across six of its multi-asset funds.
-
The manager has gained increments from existing investors and inflows from new ones.
-
At Trading Risk’s annual ILS conference, Lloyd’s CFO Burkhard Keese explained how the Corporation is working with the market to attract investors to participate in risk transfer across the Lloyd’s market.
-
The firm identified market inefficiencies in its analysis of loss data.
-
The AP2 fund noted currency-hedging effects, turbulent financial markets and Hurricane Ian as factors in its alternatives segment loss for the 2022 year.
-
The alternatives manager acquired retirement services firm Athene in January, ahead of its $2bn ADIP sidecar raise.
-
The securitised reinsurance tokens require a minimum investment of $20,000 in the US and $2,500 outside of the US.
-
The Indiana Public Retirement System has in past years allocated to Aeolus several times, as well as to HSCM Bermuda and Nephila’s Palmetto Catastrophe Fund.
-
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.