AuM data

Leadenhall Capital Partners has added two new recruits to its portfolio management team as its assets under management have reached $2.25bn, up from $1.97bn mid-year.

The ILS investor base may be changing as some pull back in response to falling returns but the market should still see steady growth, according to an expert panel at the ILS Bermuda Convergence 2015 conference yesterday (11 November)

Collateralised reinsurance premiums assumed from Florida insurers ballooned from $18mn to $118mn between 2010 and 2014, according to Aon Securities head of analytics Sean McCarty.

The Indiana Public Retirement System has allocated $50mn mandates to both Nephila Capital and Aeolus Capital Management, a spokesperson for the fund confirmed.

Hannover Re has picked up the longevity risk linked to a £2.4bn pension fund buyout completed by Pension Insurance Corporation (PIC) for the Philips UK pension fund.

AM Best has given an A- rating to Humboldt Re, the latest start-up linked to the ILS team at Credit Suisse Asset Management (CSAM).

Catastrophe risk has not become a pure commodity product and the pricing cycle for such risk is "asleep" rather than dead, Elementum Advisors founding principal Tony Rettino has said.

Former Pimco investment executive and Armored Wolf founder John Brynjolfsson will be joining James Alpha Advisors

Early renewals down; Floridians expand; Axa wins mandate; Armored Wolf shuts; RMS buys HWind; Vario partners with GC; AIR cyber model; Berkshire pulls facilities

Kiskadee Investment Managers has made two senior hires in Bermuda, recruiting a chief compliance officer and portfolio manager.

TransRe now has more than $350mn of sidecar capacity, making it a significant player in the market, head of TransRe Capital Partners Craig Hupper told Trading Risk.

A second rated reinsurer start-up from Credit Suisse Asset Management is set to be up and running in time for the 1 January renewals, Trading Risk understands.