ILS
-
The firm was founded in 2015 to help clients raise capital. -
The outlook for M&A activity is brighter after 2023 returns.
-
The parent also expects the ILS platform’s AuM to grow.
-
The acquiring reinsurer will now run off the business.
-
-
The carrier is designing an investable portfolio of long-tail risk.
-
Sponsors still secured terms that were favourable relative to traditional cover.
-
The ILS allocator has invested in the asset class over 17 years.
-
Aside from the one-year view, 2023 remixes the track record.
-
The state-backed fund had been advised to increase its allocation of ILS to 1%.
-
The newly launched Marco Re will be led by Mark Elliott as CEO.
-
The hire has 20 years’ experience in asset management and corporate finance.
