Twelve Capital and Securis Investment Partners have merged, forming a global insurance-linked securities asset manager with $8.5bn in assets under management.
This strategic move unites a wealth of expertise, complementary skill sets, and a shared dedication to innovation in insurance investment.
The newly combined firm, Twelve Securis, will broaden investment opportunities in catastrophe bonds, private ILS, and insurance markets. It offers institutional investors solutions by combining proprietary catastrophe risk models with technology.
This merger marks a new era for insurance-linked investments. By bringing together two highly experienced teams with a shared vision, we are strengthening our ability to deliver outstanding investment solutions to our global client base and create long-term value for them.
Urs Ramseier, CEO of Twelve Securis
Chairman Cyrus Jilla stated that the firm is well-positioned to take advantage of opportunities in the changing insurance and ILS market, citing its scale, expertise, and client-focused strategy.
Financial terms were not disclosed when the companies announced the merger in July. Shareholders from both firms will stay fully invested in the business. The merger brings together a global team across offices in London, Zurich, Munich, Tokyo, and Bermuda.
Twelve Securis is strategically positioned to capitalise on new opportunities in the evolving insurance and ILS landscape, leveraging its scale, expertise, and client-centric approach.
Cyrus Jilla, Chairman of Twelve Securis
The transition has been carefully structured to ensure continuity for clients and employees. Twelve Securis remains committed to independence and delivering best-in-class service as it enters this next phase of growth.
Separately, Generali Group’s commercial lines unit and Descartes Underwriting launched a parametric ILS fund to strengthen their natural catastrophe insurance partnership.
The Generali Global Corporate & Commercial and Descartes’ Lumyna Twelve Capital Parametric ILS Fund expands their use of parametric solutions in catastrophe insurance.
Twelve Securis, formed from the merger of Twelve Capital and Securis Investment Partners, is a leading insurance-focused investment manager. Specialising in Cat Bonds and Private ILS, we offer research-driven investment solutions capturing alternative risk premia. Our extensive team of experts ensures transparency, innovation, and products designed for a diverse global client base.