ILS investors

More investors than ever are participating in ILS despite spread reductions over the past two years, according to Guy Carpenter

Aspen Re has recruited Deutsche Bank executive James Lee to work in its $185mn capital markets unit, Trading Risk can reveal

Investors are expecting the ILS market to almost double in size from $45bn to $87bn by 2019, according to a study of 56 existing and potential ILS investors by the University of St Gallen

Retro market leader Catco Investment Manager could secure a valuation of around $300mn when the business is sold, according to analysis from Trading Risk

The investors behind Catco Investment Management are looking to sell out of the company, sources told Trading Risk

Universal Insurance Holdings has bought back a fifth of the stake that Nephila affiliate Ananke Catastrophe Investments purchased in the company in December last year.

A combined Axis-PartnerRe hopes to earn an additional $60mn a year by 2017 from managing third-party capital.

Canada Pension Plan buys Enstar stake; Australia's Future Fund hires Elementum; Oppenheimer cat bond fund shrinks by $80mn

Universal Insurance Holdings has bought back a fifth of the stake that Nephila affiliate Ananke Catastrophe Investments purchased in the company in December last year.

Oppenheimer's Master Event-Linked Bond Fund returned 4.34 percent over the year to 30 March 2015, compared to 10.28 percent in the prior-year period.

A combined Axis-PartnerRe hopes to earn an additional $60mn a year by 2017 from managing third-party capital, according to a presentation released by Axis today (1 June)

Aspen is believed to have chosen an asset management partner for a hedge fund reinsurer vehicle, sister publication The Insurance Insider has reported