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  • Montpelier Re launched a new asset management platform Blue Water Re in June this year, according to quarterly filings lodged by the Bermudian reinsurer.
  • Dexion Capital's closed-ended ILS fund DCG Iris says it hopes to complete its first follow-on share issue before year-end, as part of plans to increase its capital to £150mn by mid-2013
  • The old saying "no news is good news" occurred to me when I was talking to one of the panellists who'll be speaking at our New York Rendez-Vous this month, as he confessed that he wasn't quite sure what he was going to find to talk about.
  • Luxembourg-based Eskatos Capital Management has suffered a small crop loss in its flagship Multistrategy ILS Fund, according to the manager's monthly updates
  • The ILS sector's two leading fund managers have mushroomed in size, as investors' enthusiasm for direct catastrophe reinsurance risk has seen billions of dollars in new capital pour into the sector in 2012.
  • The Ohio School Employees Retirement System has shifted $30mn from underperforming hedge funds into Nephila's Triton Fund, according to Pension & Investments.
  • Hannover Re is backing a new ILS fund, Leine Investment, that will be open to third party funds from 2013, Trading Risk can reveal.
  • Law firm Bedell Cristin has completed the first public listing of a private cat bond deal through the Channel Islands Stock Exchange, the firm announced today.
  • Broker dealer Lane Financial estimated that average premiums in the ILS and industry loss warranty (ILW) market dropped 17 percent during the third quarter
  • Swiss Re's renewal of the MultiCat Mexico cat bond has priced well below the initial guidance on the back of huge demand for the diversifying bond and its limited flexibility to upsize.