Twelve Capital and Securis merge

Twelve Capital and Securis Investment Partners have closed their merger, creating one of the larger Insurance-linked securities managers in a crowded field.

The Zurich-based firm will have $8.5 billion in assets under management, and said it is strategically positioned to expand investment opportunities in catastrophe bonds, private ILS, and broader insurance markets.

The company also has offices in London, Tokyo and Bermuda. Cyrus Jilla and Urs Ramseier (pictured) are chairman and chief executive officer of the merged company, while Etienne Schwarts is chief investment officer, liquid strategies, Herbie Lloyd is CIO, private ILS, Jonathan Ford is head of legal and Matthaus Fischer leads strategic projects. Marcel Wildhaber is head of operations and Martin Helmings leads finance.

“With a strong focus on performance generation under rigid investment governance, the firm will continue to pioneer investment solutions by integrating proprietary catastrophe risk models with market-leading technology. Its research-driven approach and strong structuring expertise ensure cost-effective, transparent investment vehicles that meet the evolving needs of institutional investors,” the company said.

Ramseier said: "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."

Jilla added: "We are excited about the creation of Twelve Securis. The firm is strategically positioned to capitalise on new opportunities in the evolving insurance and ILS landscape, leveraging its scale, expertise, and client-centric approach."

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