AuM data

City National Rochdale has rebranded its new reinsurance interval fund and disclosed that it will invest its assets via Bermudian manager Iris Re.

Everest Re posted $11mn of earnings and fee income from its Mt Logan Re vehicle last year, down from $28mn in 2015 as a result of catastrophe losses and lower incentive fees, the company's chief financial officer disclosed on an earnings call.

Swiss family office and ILS investor PG3 has recruited former Secquaero structuring manager Tibor Winkler as an ILS portfolio manager

AlphaCat investors picked up $18mn of losses in the fourth quarter from Hurricane Matthew and the Kaikoura New Zealand earthquake

Use of leverage by insurance-linked securities (ILS) managers is growing and could boost the availability of reinsurance limit from the market in the coming year, according to the latest ILS market update from Willis Capital Markets and Advisory (WCMA).

Markel Catco said that claims from last year's Hurricane Matthew and the Kaikoura, New Zealand earthquake had each taken 1 percentage point off its returns for 2016

Tel Aviv-based asset manager IBI Investment House has joined with former Twelve Capital executive Roman Muraviev to launch IBI ILS Partners.

A Memphis-based advisory firm, Gerber Taylor, has registered a new ILS fund of funds, Securities and Exchange Commission (SEC) filings show.

The top 10 ILS fund managers have exceeded $50bn in assets under management (AuM) for 2017, as they posted their fastest rate of growth in the past two years in the run-up to the 1 January renewals.

AlphaCat Managers said it had received the first third-party investments in its BetaCat cat bond tracker fund in the past quarter, as its overall assets under management rose to $2.7bn as of 1 January 2017.

Elliott Management has closed its previously announced acquisition of a controlling interest in ILS manager Aeolus, the companies announced.

Allied World's investment portfolio will transfer to Fairfax when its $4.85bn sale to the Canadian company closes next year, but this will cover only one aspect of its partnership with Bermudian ILS manager Aeolus.