-
Investors in renewing 2015 sidecars may be looking at projected net returns that have in some cases halved from 2014, Trading Risk understands.
-
CatCo Investment Management's chief operating officer and chief financial officer Jason Bibb has resigned with immediate effect, the London-listed firm announced this morning (12 December)
-
Shares in Bermudian reinsurer Montpelier Re rose by over 4 percent in early trading on the New York Stock Exchange, as sister publication The Insurance Insider broke the news that the property cat specialist had been put up for sale by its board
-
Stone Ridge Asset Management has increased the upper fundraising target for its Interval fund by over a third to $1.5bn ahead of the January reinsurance renewals.
-
Richard Brindle is gearing up to raise a proposed $2bn+ for his return to the market in 2015, sister publication The Insurance Insider has reported
-
The average ILS fund gained 0.61 percent in October, as measured by the Eurekahedge ILS Advisers Index, as returns slowed from the September figure of 0.86 percent.
-
Oppenheimer's Master Event-Linked Bond Fund reported a 6.43 percent gain over the year to 30 September, according to its latest annual report.
-
Amlin will pay an estimated $29.1mn (£18.1mn) to take another 35 percent share in London-based fund manager Leadenhall Capital Partners, taking its total stake to 75 percent.
-
Credit Suisse Asset Management (CSAM) has closed its new run-off fund - the ILS Property & Casualty Fund - with $576mn of capital commitments, as of 30 September.
-
Fermat Capital Management has halved its guidance to investors on net potential ILS returns as the market has softened.
-
Fermat Capital co-founder John Seo said ILS funds should not try to mimic the reinsurance model because they would not be able to "outdo Munich Re or Swiss Re at their own game".
-
The value of debt issued by Aspen's Silverton Re sidecar has grown 29 percent in the past nine months to reach $64.5mn, and also grew by 15 percent in the third quarter from $56mn mid-year
