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Investing in the ILS industry remains relatively expensive for pension funds, which would like to see more transparency from the sector, according to PGGM investment director Eveline Takken-Somers
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The secondary cat bond market cleared the first Gator Re trade in two months this week, as the bond's price tumbled in response to aggregate claims rising near its trigger
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Take up of leveraging facilities for ILS investors continues to be limited, as higher Libor rates have made borrowing more expensive at a time when cat bond spreads are low, sources said
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Oppenheimer's Master Event-Linked Bond Fund reported an 0.79 percent gain over the six months to 31 March 2016, as its performance was impacted by the partial loss on the MultiCat Mexico cat bond
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A $6mn investment in the Bellemeade Re mortgage insurance securitisation was the only ILS instrument held by the Blackstone Alternative Investment Funds as at 31 March 2016, according to annual report filings
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Nephila Capital reopened its funds to accept a limited amount of capital this year after closing its doors for more than two years, according to co-founder and managing partner Greg Hagood
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Institutional investors would welcome new sources of insurance risk to help them build better portfolios, according to Todor Todorov, investment consultant, hedge funds research at Willis Towers Watson
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The second quarter marked a return to significant spread softening on new cat bond issuances for the first time since early 2014, as investor demand continued to outweigh new supply arriving on the market
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Allianz Risk Transfer lifted the target on its Blue Halo Re cat bond to $185mn from $150mn, as pricing on the high-risk transaction moved toward the upper end of forecasts, Trading Risk understands
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The $200mn Gator Re cat bond is almost 70 percent of the way to reaching its $175mn trigger point, partway through its final annual risk period, sources told Trading Risk
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Nephila Capital pared back the level of capacity it deployed in the Florida reinsurance market this year, helping to limit rate reductions after several years of significant declines
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The average ILS fund return came to 0.39 percent in April as the month's catastrophe events had only a limited effect on the market, according to the Eurekahedge ILS Advisers Index
