AuM data
-
The ILS manager said the cat bond sector could double to become a $70bn market in the next three to five years. -
The manager’s life & alternative credit segment invested in the reverse mortgage specialist.
-
The insurance conglomerate initially committed $50mn to Elementum funds.
-
The ILS unit earned $5mn of fee income, down by $1mn year on year.
-
The capital commitments to the vehicle have expired.
-
The CFO of parent company Markel has said it aims to lean into property cat through Nephila.
-
Nephila achieved significant rate increases at 1 January and expected the strong rate environment to continue this year.
-
The former Aspen Capital Markets COO hopes to set up fronting partnerships for reinsurers wanting to build out in ILS.
-
The world’s largest investment company has assets under management of more than $10tn.
-
The move follows Sal Tucci’s departure from the firm to set up Jireh Risk Advisors.
-
The new firm has registered Jireh Re (SAC), an unrestricted special purpose insurer, with the Bermuda Monetary Authority.
-
The asset manager’s reinsurance funds shrank 17% in its fiscal year to end October to reach $2.6bn.
