-
Trading Risk previously reported that North Carolina-based hedge fund Petra Haven, led by Brad Chance, had seeded Bermudian ILS fund manager Dunamis with a single-digit million-dollar amount.
-
Collateralised Bermudian reinsurer Q Re is set to close as billionaire backer George Soros steps away from the sector.
-
Listed fund manager Catco Reinsurance Opportunities Fund says it is considering reserving for a loss from the New Zealand earthquake to "resolve ambiguity" ahead of the January 1 renewals.
-
Investment manager GAM has launched a new pure cat bond fund with seed capital from a group of external investors as part of its line-up of funds managed by leading ILS player Fermat Capital Management.
-
The ILS market's risk appetite has proved "remarkably stable" amid a highly volatile year, Lane Financial partner Morton Lane wrote in a recent report.
-
Nephila Capital co-founder Frank Majors encouraged a Baden-Baden reinsurance audience to embrace the convergence sector and said it offered an opportunity for all in the market.
-
Cat bond premiums are far higher than they should be when analysed using investment theory models that predict low risk, diversifying assets such as ILS should earn correspondingly low returns...
-
ILS fund structures are coming under strain as managers direct more of their portfolios into illiquid collateralised reinsurance instruments, Albourne Partners analyst and ILS investment adviser Michael Hamer said at the Trading Risk New York conference.
-
Swiss Re Capital Markets hopes to attract more institutional investors to back industry loss warranty (ILW) capacity as it mulls setting up a platform to transform the derivative contracts into bond format
-
Aggregate industry loss warranty (ILW) covers have grown in popularity this year but there are questions over how much supply will be in the market next year
-
Leading ILS fund manager Nephila has more than tripled its line on the California Earthquake Authority (CEA)'s 2012 reinsurance programme, according to board meeting papers from the authority
-
Private cat bond deals are likely to continue, but they do not always save costs for their issuers, broker Willis Capital Markets and Advisory said in a recent report on the ILS market
