Tue, Sep 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asset backed reinsurance gains traction with hedge fund managers, investors

Thursday, April 24, 2014

Bailey McCann, Opalesque New York:

When it comes to hedge fund managers taking a look at new structures, hedged mutual funds seem to be getting the most column inches (and now regulator scrutiny), however, asset backed reinsurance is gaining traction with several blue-chip hedge fund names and investors. Essentially, asset backed reinsurance is another item on the growing list of liquid alternatives. Daniel Lobe, David Einhorn, and other veteran hedge fund managers have all successfully launched publicly traded reinsurers providing permanent capital for their firm.

The bulk of these reinsurance companies focus on basic policies like workers compensation. Others take on more specialized niches, Till Capital, which is launching on the TSX and TVX is a reinsurance company focused on the resources sector. Till, is affiliated with America's Bouillon which recently acquired Resource Holdings and its subsidiary Resource Re, a reinsurance company focused on the resources sector along with the securities portfolio of Kudu Partners LP (Kudu), a private hedge fund founded and managed by William (Bill) A. Lupien. America's Bouillon will be involved in the reinsurance business while still pursuing investments in the resources sector.

Last week, Crown Global Insurance announced a life insurance variation. Crown Global Insurance secured new......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  2. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will

  3. Manager Profile: Leon Cooperman: The stock market is 'fairly valued,' but the bond market is 'overvalued'[more]

    From Businessinsider.com: Leon Cooperman of Omega Advisors and Howard Marks of Oaktree just finished a panel at Bloomberg's Most Influential Summit. Bloomberg TV's Stephanie Ruhle was the moderator. The two titans, who have known each other for 40 years, spoke about the market and the state of

  4. North America - Some newly registered U.S. hedge fund advisers are ‘cherrypicking’[more]

    From Reuters.com: Some newly registered U.S. hedge fund advisers are "cherry-picking" investments to showcase their performance and improperly changing how they value securities, an agency official said on Monday. Andrew Bowden, head of the SEC's Office of Compliance, Inspections and Examinati

  5. Short Selling - Notorious U.S. short-seller targets Alibaba[more]

    From Wantchinatimes.com: A notorious American short-seller appears to have "targeted" Chinese internet giant Alibaba on the eve of its historic public listing on the New York Stock Exchange, reports Chinese web portal Hexun. Alibaba's highly-anticipated listing on Friday could potentially be the big