LGT ILS Partners

Of the 18 top-tier ILS managers, 10 recorded growth, while eight were flat or down.

The reinsurer recorded net income of $1.9mn, helped by a reduction in losses and loss adjustment expenses.

The Bermuda-based platform primarily fronts property catastrophe treaty reinsurance for LGT's ILS funds.

The headline market drop in AuM belies a more lively growth story for funds operating outside of the ILS major league.

The outcomes were better than the Swiss Re global cat bond index decline after the major hurricane.

The investor is primarily focused on investing in art, culture and education in US cities.

LGT ILS Partners, Swiss Re and Pool Re's Baltic Re cat bond were among the winners of the Trading Risk awards 2020.

The ratings agency said positive innovation efforts were partly offset by high dependency on retro.

LGT ILS Partners is now transacting 70 percent of its reinsurance book on a rated basis through its A rated Lumen Re platform, partner and portfolio manager Michael Stahel has confirmed.

The brouhaha over trapped ILS capital has led to the question of whether alternative collateral management solutions will emerge.

New registrations are expected from the ILS market.

The Munich Re vehicle funded by Dutch pension fund service provider PGGM has reached $400mn for 2019.

The ILS investor says 7 percent annual returns have made the asset class an attractive opportunity for the fund.

The average second quarter returns for a group of ILS funds tracked by Trading Risk has increased to 1.36 percent, compared with 0.79 percent for the same quarter last year.

LGT ILS Partners has hired Philip Borgia from Aon Benfield to join its deal sourcing and analysis team, the company confirmed.