Home›Insurance›Industry & Deals›Artex pushes clearer exit options in ILS vehicles

Artex pushes clearer exit options in ILS vehicles

Artex Capital Solutions partnered with Enstar earlier this year to embed structured exit options in ILS vehicles aimed at addressing trapped capital for investors.

Reported · Written up by our desk · Industry & Deals

Artex Capital Solutions is working on ILS vehicles that offer clearer paths for capital both entering and exiting, with CEO Kathleen Faries saying that exit clarity is essential for full-lifecycle investor confidence, according to Artemis.

Artemis reports that earlier this year Artex partnered with Enstar, a legacy and run-off reinsurance specialist, which introduced structured exit options embedded within Artex’s ILS vehicles.

The initiative is described as an effort to solve the trapped capital issue in ILS investing by providing mechanisms intended to deliver greater certainty on exits, along with liquidity and capital return.

Artemis adds that Faries discussed how the structure is designed to change liquidity expectations for ILS investors and outlined whether Artex expects embedded fina.

More like this

Sources