MultiStrat, a specialist underwriter, and reinsurance investment facilitator with a focus on helping investors access returns from casualty risks through insurance-linked securities (ILS) arrangements has deployed $1.75 billion of investor capital through its deals so far and is targeting further “significant growth” this year.Having reached the 10 year anniversary of its formation, MultiStrat is building for the future and has made a number of key hires in its capital markets, underwriting, and operations divisions.In addition, the company has continued to invest in advanced data, insurance and investment pricing, and portfolio optimisation capabilities, in order to facilitate its future growth ambitions.MultiStrat has now underwritten and placed more than 50 single and multiclass transactions since its launch in 2014, the company revealed today.

In total, MultiStrat has deployed $1.75 billion in capital for investors to its transactions.Notably, more than $500 million in premium has been underwritten for deals for a single alternative asset manager, while there are also multiple single transactions in excess of $100 million in premium the firm has entered into.The company is focused on underwriting largely medium and long-duration casualty coverages, with collateral structured using investor capital as both single transactions and diversified pools.

MultiStrat has also advised on the formation and servicing of a range of segregated accounts, cells and other structures, to suit specific cedant, carrier and investor requirements.“MultiStrat is a proven innovator of ILS Casualty,” explained Bob Forness, Chief Executive Officer of MultiStrat.“MultiStrat has been steadily growing for a number of years, scaling its operation, and building an industry standard for the use of collateralized casualty reinsurance.

We are proud of what MultiStrat has accomplished since its first ILS Casualty transaction in 2017 and look forward to collaborating further with brokers on attractive reinsurance opportunities, and with investors on diversified opportunities to participate in this growing alternative asset class.” Through the end of 2023 and into 2024, MultiStrat has been particularly busy hiring new expertise for its teams and building out its capabilities.The investor relations team, which is based primarily in New York, has been strengthened with: MultiStrat has also added the following hires to its underwriting team based in Bermuda: Finally, for MultiStrat’s operations team which is based in the US and Bermuda, new hires include: “Building a collateralized reinsurance specialist for cedents and investors has taken time but is now ready to scale,” explained Forness.“As an innovator in a new asset class, MultiStrat has successfully solved many challenges, including an initial soft market and low investment yield environment in casualty, continual education needs of investors, new designs for collateral and investments, and, more recently, improved collateral transparency.

Our company has a proven track record and is excited for our next chapter.” “The ILS space is continuing to grow and expand into different risk classes, providing more opportunities for institutional investors looking for total insurance and investment returns through high frequency, low severity business,” added Jim Robinson, CEO of MultiStrat’s capital arm.and operates as a separate, specialty division of that company today..All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.

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