ILS

The pension investor re-directed capital to the Pillar Opportunity fund as of January 2022.

The ILS firm’s CEO Nilsen said life ILS was “poised for growth in a higher interest rate environment”.

The index year-to-date loss was trimmed to 3.41% in October, from 4.28% in September.

Frontier Advisors said sentiment continues to be challenged by performance.

High-yielding alternatives are taking away attention from this sector, with its complex narrative around recent losses, and diversification only goes so far in selling its story.

Allianz Global Corporate & Specialty (AGCS) is adding five new roles dedicated to ILS alongside an expansion of the ART team.

Baltesar worked for Hiscox Re and ILS before joining Credit Suisse ILS in 2019.

Some firms have fared better than others in the competition to raise funds during the year.

The fund will take a vertical cut of all non-life business written by Latam specialist Ocean Re.

The municipal bond insurer first raised collateralised reinsurance cover in 2018 in a smaller $100mn deal.

The firm’s founder said he originated and structured 70% of all ILS deals issued for Japanese perils in the past 12 years.

Most ILS firms are marking the Ian loss as a $50bn+ event, although there are exceptions.