Investments
Hudson Structured refinances with Eldridge backing for future growth
Hudson Structured Capital Management Ltd., the insurance-linked securities (ILS), reinsurance, insurtech and transportation- focused investment manager, has refinanced its initial start-up obligations with diversified investor Eldridge, as it secures backing for future growth. Hudson Structured Capital Management has been experiencing strong growth across its ILS, reinsurance and insurtech focused strategies in the last year and…
Read MoreBMS hires Mercier from Willis Re as US Chief Operating Officer
Insurance and reinsurance broking group BMS has added another senior hire to its US broking team, appointing Robert Mercier as Chief Operating Officer of its US business. Mercier joins BMS from his most recent role at rival Willis Re, where he was most recently Operations Director. Mercier will join BMS on February 25th and will…
Read MoreFacebook Sales Rebound As Margins Continue To Slide
A sharp rebound in stock prices last week lifted the market index back to all-time highs. The Broad Market Index was down 3.31% last week and 38% of stocks out-performed the index. This frothy and speculative market is vulnerable to a more sustained decline such as we have not seen since the financial crisis 2007 […]
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Read MoreSilver: The Family Circus Of Investments
Moving On From Precious Metals In our last post (Precious Metals: Time To Move On), we explained why our system had moved on from precious metals names. In a nutshell, their recent returns had been too weak, causing them to fail one of our preliminary screens. We illustrated this with the iShares Silver Trust (SLV), […]
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Read MoreBitcoin rally triggered by Tesla slows, but MicroStrategy still rising
Tesla drove another bitcoin rally by purchasing some of the cryptocurrency. The bitcoin rally has slowed now since Tesla’s purchase, although the price remains above $40,000. Tesla CEO Elon Musk appears to have gotten the idea to buy bitcoin from MicroStrategy Chairman and CEO Michael Saylor. Q4 2020 hedge fund letters, conferences and more Tesla […]
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Read MoreRated carrier can be smoother for ILS investors: Stahel, ILS NYC 2021
The utilisation of a rated balance-sheet by an ILS fund manager can help “to smooth out” some elements for insurance-linked securities (ILS) investors, says Michael Stahel, Partner at LGT ILS Partners. Speaking during the second day of the virtually held Artemis ILS NYC 2021 conference, Stahel discussed ILS allocation strategies both now and how they…
Read MoreChubb Tempest Re promotes Peters to lead Bermuda division
Chubb Tempest Re, the global reinsurance underwriting unit of Chubb, has named a new leader for its Bermuda reinsurance division, with Sam Peters being promoted. Peters joined Chubb in 2006 and has held a series of roles with increasing responsibility in the firms actuarial department. He has now been promoted to Division President of Chubb…
Read MoreStorms erode 55% of Suncorp’s aggregate reinsurance deductible
Australian primary insurance giant Suncorp said today that its catastrophe losses for the first-half of its financial year, to the end of December 2020, reached $516 million, coming in above allowance and eroding the deductible sitting beneath its aggregate reinsurance protection. At the beginning of November Suncorp had estimated $348 million to $408 million of…
Read MoreKnipe’s KKR-backed Kilter Finance invests in Independent Insurance Group
Kilter Finance, the insurance-focused specialty financing company launched by ex-Leadenhall Capital alumni Dan Knipe and backed by private equity giant KKR, is set to invest $89 million into Independent Insurance Group LLC , the parent of life insurer Independent Life. Knipe, who was the Deputy Chief Investment Officer at specialist insurance-linked securities (ILS) manager Leadenhall…
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