ILS investors

Reinsurers not doing business with the end investor are dealing with "fake ILS", the Hiscox Re & ILS COO said.

The Eurekahedge ILS Advisers Index was up by 0.45 percent in August but this figure was below the 13-year average of 0.68 percent.

The Pioneer ILS Interval Fund reached $982.5mn in net assets at the end of July this year, compared to $810.2mn at the end of April.

The broker is launching the platform in New York to connect holders of long-tail insurance risk with capital market investors, sister publication The Insurance Insider has reported.

The ILS market has quickly stabilised after last year’s catastrophe losses – but the fallout from Hurricane Irma has continued to push claims higher.

The July return of the Eurekahedge ILS Advisers Index is similar to the 13-year historical average return for the month of 0.59 percent.

Co-founder says the ILS manager's relationship with fronting carrier Allianz will continue.

Deal represents full exit for Man, KKR and management.

C shareholders in the Catco Reinsurance Opportunities Fund, who are not exposed to the 2017 losses, saw a return of 6.31 percent for H1 2018 amid low catastrophic activity during the period.

The pension fund’s ILS holdings reached $564mn at 31 December 2017, according to a Securities and Exchange Commission filing.

The Bermuda-based company said a smaller capital base and greater cessions to third-party reinsurers led to the decrease.

The carrier also signed up 50 percent more investors during the July renewal.