Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When activist investor Oasis Management called for change at Japanese consumer goods giant Kao — proposing boardroom reform through the election of outside directors and long term incentives — the response was clear and decisive. … Read more
RenaissanceRe, the Bermuda headquartered global reinsurer and third-party reinsurance capital manager, has built a “deep and persistent moat” around its fee income business, CEO Kevin O’Donnell believes, saying that demand from investors for access to its Capital Partners strategies is often greater than it can satisfy.Writing in his annual letter to shareholders, Kevin O’Donnell explained … Read more
Discussing the road to a $200 billion insurance-linked securities (ILS) market at the SIFMA ILS 2025 conference in Miami today, speakers stressed that considered deployment of capital at reasonable pricing and terms will be critical to continuing and perhaps accelerating the current growth trajectory.With catastrophe bond issuance on record-setting pace in 2025 so far and … Read more
Gracie Point Holdings, LLC, a provider of life insurance premium finance, has closed a recent equity capital raise led by funds advised by Hudson Structured Capital Management Ltd. (HCSM) and Searchlight Capital Partners, L.P., providing the firm with “deep industry expertise and operational support.”Gracie Point serves clients throughout North America and Asia via its offices … Read more
Venture capital company Insight Partners on Feb. 18 confirmed that the firm experienced a cyber incident caused by an unspecified social-engineering attack.The case raised some eyebrows in the cybersecurity community especially since Insight Partners’ portfolio includes some big names in the security industry such as Abnormal Security, Checkmarx, Cylance, Island, JFrog, Mimecast, Recorded Future, SentinelOne, … Read more