By Steve Chirico of AM Best Reinsurers, for the most part, have been struggling to optimize one side of the balance sheet and its ability to contribute to the return measures and competitiveness of the organization. This is evident by declining investment yields that are due in part to artificially depressed yields on fixed income […] Read more »
Tom Sandell Takes The Bermuda Reinsurance Route
By Hedge Fund Insight staff Sandell Asset Management Corp. recently sponsored the launch of Sandell Re, a Bermuda based reinsurance company that can invest in the firm’s global event driven investment strategy, which will be managed in a separately managed account with an investment objective substantially similar to Sandell Asset Management’s main hedge funds. […] Read more »
Hedge Fund Sidecars Disrupt Reinsurance Market
By Brian Schneider and Matthew Noll of Fitch Ratings The expansion of alternative capital sources within the reinsurance market is likely to contribute to lower returns on equity across the reinsurance sector and sustain the market’s M&A wave, particularly among Bermudan firms, says Fitch Ratings. Alternative sources of capital push the sector’s capitalization levels […] Read more »