ILS

The asset manager’s flagship ILS funds posted stellar returns for its 2023 fiscal year.

Competition for remote risk deals intensified as more capital has targeted the swathe of business that has historically been the heartland of ILS.

Projected 2024 ILS returns remain historically high, but signs of increased appetite for top-layer cat risk and top-end retro raise questions over how long this will last.

George Mawdsley joins after more than 10 years at Securis, where he was tasked with structuring and origination of ILS risk.

The year brought a degree of closure on the loss-hit years of 2017-2021, while the outlook remains changeable for ILS managers.

Slade was previously president at Markel’s ILS fund manager Lodgepine Capital.

The US pension fund investor had altered its ILS portfolio, with a new investment to Pillar in 2021.

The lawsuit, filed Thursday on behalf of Clear Blue and its subsidiaries, alleges that Aon conducted insufficient due diligence on the ILS InsurTech.

The Eurekahedge ILS Advisers Index has posted the strongest performance for October since it started in 2008.

The cost of maintaining a team to service institutional investors does not always weigh favourably versus bringing in ILS capital.

Swiss Re Alternative Capital Partners assets under management hit $3.3bn as of 30 September.

The Australian sovereign wealth fund first allocated to the ILS manager in 2016.