Leadenhall Capital

MS&AD acquires MS Amlin stake in Leadenhall Capital

MS&AD has bought the 80 percent of London-based ILS fund manager Leadenhall Capital Partners (LCP) held by its subsidiary MS Amlin.

Trzos teams up with 777 Partners on program start-up

Atlas General Insurance Services CEO Bill Trzos is working with investment firm 777 Partners on a program carrier start-up to be called Sutton National Insurance Company, The Insurer can reveal.

Leadenhall’s new ‘remote risk’ fund trebles in size to $60mn

ILS fund manager Leadenhall Capital Partners has seen its new “remote risk” fund almost treble in size to $60mn while its overall assets under management expand to a record $5bn, re-Insurance.com can reveal.

Leadenhall Capital’s assets under management swell to more than $5bn

London-based ILS fund manager Leadenhall Capital Partners has grown its assets under management to exceed $5bn in the first half of the year.

Axa to buy XL Group in $15.3bn deal

Axa is to buy XL Group in a $15.3bn (EUR12.4bn) all cash deal that will turn the combined group into the industry’s largest global P&C carrier by business written, the Paris-headquartered insurer said today (5 March).

Leadenhall launches new remote risk fund

The London-based ILS fund manager Leadenhall Capital Partners has launched a new “remote risk” fund with $22.5mn of seed capital, re-Insurance.com can reveal.

Trapped collateral may provoke 4Q cat bond sell-off

The billions of dollars of so-called “trapped collateral” may prompt a further sell-off of cat bonds as capital-stretched ILS funds look to free-up capital in this quarter to ensure they can benefit from the expected uplift in retro and cat reinsurance rates at the 1.1 renewals.

ILS investors expecting ‘‘payback’’

Despite the billions of dollars of capital that is now trapped in collateralised reinsurance and retro vehicles following the recent roll-call of brutal cat events, investors in the alternative sector remain committed to the market but they now expect “payback.”