![]() ![]() Hear from our employees how they shape the work we do here. ![]() Headquartered in Paris and Vierzon, with offices in UK, US, Switzerland and Singapore, Ledger has a team of more than 900 professionals developing a variety of products and services to enable individuals and companies to securely buy, store, swap, grow and manage crypto assets – including the Ledger hardware wallets line with more than 6 millions units already sold in 200 countries.Īt Ledger, we embody the values that make us unique: Pragmatism, Audacity, Commitment, Trust and Transparency. ![]() Over 20% of the world’s crypto assets are secured through our Ledger Nanos. The arrangement will also help to boost the assets under management of Ledger ILS Managers, LLC, the dedicated investment manager arm of the company, we assume.We're making the world of digital assets accessible and secure for everyone. Join the mission.įounded in 2014, Ledger is the global platform for digital assets and Web3. The institution clearly feels there will be investor appetite in Saudi Arabia for the insurance-linked returns possible from casualty ILS, and this will help to increase the knowledge of ILS in a market that for many in the space is relatively untapped to-date. It’s good to see the interest in ILS from a Saudi Arabia based institution like ANB Capital, an institution that offers a range of securities and brokerage services, as well as investment management and the offering of investment funds to its clients. “Our partnership demonstrates our commitment to innovation and our ability to collaborate globally to develop new investment opportunities.” Samir Shah, CEO of Ledger Investing, also said, “We are delighted to be working with ANB Capital to introduce this important new product to the Saudi market. The product is designed to provide Saudi investors with access to a new asset class, and ANB Capital said it will complement their existing suite of investment products. Khalid Al Ghamdi, CEO of ANB Capital commented, “We are excited to conclude this partnership with Ledger Investing to develop and launch this innovative product for our investors, and this partnership is in line with our commitment to provide our investors with access to promising and unique investment opportunities with the possibility of achieving rewarding returns.”ĪNB Capital and Ledger Investing will collaborate closely on product development and structuring of this casualty ILS fund, leveraging Ledger’s expertise in technology and ILS, as well as ANB’s expertise in the Saudi investment market. The MOU was signed at an event held in Riyadh, Saudi Arabia yesterday, with the agreement set to lead to the establishment of a fund that will allocate to casualty insurance-related securities, and with a target size of $100 million. It also provides Ledger with access to a new and diversifying source of investor capital to back its casualty ILS deals, helping it to continue growing the insurance premium volumes written and invested in. This is a strong partnership win for Ledger Investing, with ANB Capital offering a number of Shariah compliant and other investment strategies at this time, including a range of alternatives that ILS would be complementary to. It will be the first insurance-linked securities fund to be launched to investors in Saudi Arabia, we’re told, and will have a focus on US risks in casualty lines of insurance business.ĪNB Capital will market the product to investors in Saudi Arabia, once the casualty ILS fund has been established and approved by regulators. The strategy for this ANB Capital arrangement will be focused on these often longer-tailed types of insurance risks, where Ledger’s technology-led approach to making risks investable can help to create a differentiated strategy. It seems Ledger Investing will provide at least the origination and portfolio management services to develop an up to $100 million insurance-linked securities (ILS) fund focused on casualty risks, we understand. Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has agreed and signed a memorandum of understanding (MOU) to develop a $100 million ILS fund in partnership with Saudi Arabia based investment institution ANB Capital. ![]()
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