Welcome to Nephila Capital's website
Nephila Capital Ltd is a leading investment manager specializing in reinsurance risk. Nephila offers a broad range of investment products focusing on instruments such as insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives.
The company has been managing institutional assets in this space since it was founded in 1998 and has an extensive team headquarters located in Bermuda and the United States. In June 2008, Man Group plc, a leading alternative investment management firm, acquired a 25 percent interest in Nephila Capital.
Why are we named Nephila?
According to Bermuda folklore, the silk spider Nephila clavipes is known for its ability to predict bad weather. It is called the “hurricane spider” since it spins its strong, golden web close to the ground when a hurricane is approaching and high up in the shrubs and trees when the weather is nice. The Nephila spider is also sometimes called the “Golden silk orb-weaver”.
Nephila Capital has been recognized as the leading ILS fund manager by trade publications. In 2009 Nephila won the inaugural “Investor of the year” award presented by Trading Risk magazine, acknowledging Nephila’s investment performance, innovation and contribution to the ILS market. In 2010 & 2011, Nephila was voted “Best Trading Company/Investor Catastrophe Risk Management" of the year in the Environmental Finance and Carbon Finance Annual Market Survey. Nephila was awarded the 2011 Trading Risk “Derivative of the Year” award for their successful introduction of County Weighted Industry Loss (CWIL™) contracts.