Gulf Sovereign Wealth Fund Backs Kelvin Re

Posted on 11/12/2014


Insurance exposure is a budding asset class for institutional investors, especially sovereign wealth funds. A new Guernsey reinsurance vehicle, Kelvin Re Limited, is expected to write a global, diverse reinsurance portfolio amounting to US$ 100 million in its first year. Two-thirds of the US$ 100 million is expected to be allocated to non-proportional catastrophe risks. […]