Hiscox Capital Partners has raised meaningful new funds, with its cat bond strategy the main beneficiary
Hiscox ILS assets soar to $2.4bn, on $1bn of inflows
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Hiscox Capital Partners ILS assets soar to $2.4bn, on $1bn of inflows largely to cat bond fund
Hiscox Capital Partners, the division of Hiscox Re that encompasses insurance-linked securities (ILS) investments and quota-share partnerships, has experienced significant investor inflows and grown its overall ILS assets under management (AUM) to $2.4 billion at April 1st, with its catastrophe bond fund the main beneficiary.
ILS assets under management now stand some 60% higher than at the start of the year, with the $2.4 billion seeming to set a new high for Hiscox's ILS AUM.
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