BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Loss creep from catastrophes hurt ILS fund's return

Hurricane Michael hits Alligator Point in 2018

Loss creep from catastrophes over recent years has hurt the third-quarter returns of reinsurance specialist fund manager Bermuda-based Blue Capital Management Ltd.'s insurance-linked securities fund, Artemis reports. Blue Capital Alternative Income Fund reported negative return of 9.7% in the third quarter compared with a positive return of 2.9% in the second quarter. The fund had to set aside additional reserves as increased estimated claim losses from 2017 and 2018 catastrophes dented its return for the third quarter.

Read more.