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ILS managers

  • Blue Capital Management said that it did not anticipate any management changes following the acquisition of its parent company Endurance by Sompo Holdings.
  • Japanese big three insurer Sompo is in advanced discussions with Endurance, the Bermudian (re)insurer confirmed.
  • Solvency II could drive increased activity in the life ILS sector as insurance companies are forced to hold more capital and look at ways of de-risking that capital, according to leading life experts.
  • Schroders-owned ILS manager Secquaero is planning to launch a dedicated life ILS fund in early 2017 with an initial target size of £250mn-£300mn, CEO Dirk Lohmann said.
  • Hiscox is rebranding its Kiskadee asset management platform and moving into participating directly in the collateralised reinsurance market from 1 January 2017, the company announced.
  • AP3 shrinks ILS; ILS Advisers gain; Cat bond loss payments; Philippines cat scheme; Italian quake losses; Zurich longevity deal; CPPIB eyes Ascot; AP2 returns; Louisiana floods
  • Hudson Structured settles brand dispute; Future Fund expands ILS brief; Stone Ridge consolidates
  • Twelve Capital is looking to bring in new backing as one of its original stakeholders wants to find an exit, Trading Risk understands.
  • AlphaCat underwriter Nick Pritchard is moving on from the company after two years at the firm, Trading Risk can reveal.
  • Swedish state pension fund AP2 said its alternative investments generated a return of 5.5 percent for the first half of 2016, outstripping the fund's performance as a whole.
  • State National has revealed it earned $5.5mn in ceding fees by fronting for Nephila in the first half of 2016, up from $5.2mn for the same period of last year
  • Australian sovereign wealth fund the Future Fund has added Kiskadee Investment Managers to its line-up of reinsurance managers, according to its website