-
The reinsurance and ILS unit posted strong net premium growth supported by additional capital from Hiscox Group. -
The scandal over letters of credit at Vesttoo has put a spotlight on the casualty ILS segment, where Ledger Investing is growing market share.
-
The reinsurer opened its cat bond portfolio to third-party investors last summer.
-
-
Risers and fallers emerge within peer group of larger ILS firms, with Twelve Capital and Pillar the fastest growing in H1.
-
The reinsurer recorded net income of $1.9mn, helped by a reduction in losses and loss adjustment expenses.
-
The obvious question is where is the capital behind the letters of credit that were being pledged on its transactions.
-
The firm has moved to defend its plans against a rival strategy supported by a small group of investors.
-
Some sources have called for more transparency on secondary trades, though others note the buy-and-hold nature of the market limits trading appetite.
-
The ILS fund now comes in at the 26th spot on Trading Risk’s ILS fund manager directory.
-
The cat bond fund posted returns of around 10.75% for the first six months of Stone Ridge’s financial year.
-
The distribution arrangement will cover Securis's full range of ILS offerings.
