fund

RenaissanceRe launches Medici UCITS catastrophe bond fund with $340m – Go Health Pro

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RenaissanceRe launches Medici UCITS catastrophe bond fund with 0m – Go Health Pro

RenaissanceRe, the Bermuda-based reinsurance company and third-party ILS capital manager, has now officially launched its first UCITS compliant property catastrophe bond fund strategy, the RenaissanceRe Medici UCITS Fund, with $340 million of capital allocated, confirming our reporting from three months ago.Back on December 4th 2024, Artemis reported that RenaissanceRe (RenRe) was expected to become the … Read more

ILS Advisers Fund Index down -0.38% on wildfire impacts in Jan 2025 – Go Health Pro

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ILS Advisers Fund Index down -0.38% on wildfire impacts in Jan 2025 – Go Health Pro

The ILS Advisers Fund Index has reported a -0.38% return for January 2025 on the back of the recent California wildfire losses. With 75% of ILS fund managers having reported returns for the period so far, the Index could fall further as additional data points from private ILS strategies are included.ILS Advisers noted that the … Read more

Indonesia’s Danantara fund sparks questions over economic impact, transparency – Go Health Pro

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Indonesia’s Danantara fund sparks questions over economic impact, transparency – Go Health Pro

Indonesia has launched a new sovereign wealth fund with an initial US$20 billion commitment that could potentially boost its economy or falter if its management falls short of international standards. Daya Anagata Nusantara, or Danantara, launched last week by President Prabowo Subianto, will be an investment vehicle and a holding company for Indonesia’s powerful state-owned … Read more

Hong Kong fund invests to usher medical innovations into mainland hospitals – Go Health Pro

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Hong Kong fund invests to usher medical innovations into mainland hospitals – Go Health Pro

The Hong Kong government’s HK$62 billion (US$8 billion) investment fund is teaming up with a medical group co-founded by the city’s former finance minister to bring innovations developed by start-ups into clinical use across the Greater Bay Area. Hong Kong Investment Corporation (HKIC) said on Wednesday that it would fund New Frontier Group as it … Read more

Mereo gets $700m+ balance-sheet rated, deploys $250m ILS fund capacity at 1/1 – Go Health Pro

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Mereo gets 0m+ balance-sheet rated, deploys 0m ILS fund capacity at 1/1 – Go Health Pro

Mereo Insurance, the Bermuda-based start-up with former AIG CEO Brian Duperreault as its Chairman, has now finalised a $700m+ capital raise for its equity balance-sheet we understand, gaining an ‘A-‘ rating from AM Best, while the company also deployed around $250m in capacity from its insurance-linked securities (ILS) fund at the January reinsurance renewals.Mereo Insurance … Read more

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