ILS investors

Schroders has set up a new cat bond fund that will be able to invest up to 25 percent of its assets in private bonds and cat bond lites.

Swedish state pension fund AP3 grew its portfolio of insurance-linked instruments in the second half of 2014, according to the company's full-year report.

Pioneer Investment Management has published its first quarterly report for its new ILS Interval fund, disclosing sums committed to a number of reinsurance sidecars including Munich Re's Eden Re II and Brit's new Versutus Re vehicle.

Stone Ridge took a $100mn stake in Munich Re's new $290mn Eden Re II sidecar in December, the fund manager disclosed

The Ontario Teachers' Pension Plan made an 11.8 percent return on its investments during 2014, helping to lift its net assets from C$140.8bn at the end of 2013 to C$154.5bn by year-end.

Swedish state pension fund AP2 scaled up its ILS investments in 2014 and awarded a new mandate to Elementum Advisors, according to its latest annual report.

Swiss Re has proposed a SwF1bn ($0.99bn) share buyback, in line with rival Munich Re's decision to repurchase EUR1bn of stock over the coming year.

When the Gator Re cat bond almost triggered last year it surprised more than a few in the market

ILS relative value waning; Evanston invests with Nephila; Investor rotation in listed ILS funds; Allied lifts Aeolus writings

Multi-strategy hedge funds using borrowing facilities have been helping to drive the growth in large cat bond transactions and influencing the tight pricing conditions, Blue Capital COO Dan Brookman said at the 2015 Sifma ILS conference.

The dual-listed Blue Capital Global Reinsurance Fund has reported a total net asset value (NAV) return of 8.8 percent for 2014, including dividends paid throughout the year.

Third Point Re dropped to a $14.7mn loss in the fourth quarter as investment results dragged down the company's performance