Return on Insurance

Twelve Capital is an independent investment manager specialising in insurance investments for institutional clients. We are also a leading provider of capital to the insurance and reinsurance industry.

Insurance Bonds

An actively managed strategy focused solely on exploiting insurance sector opportunities globally, that at its core is liquid and investment grade bond dominated.

Private Debt

There is a growing need for solvency capital among smaller insurance companies. The strategy invests in private transactions that enable small and mid-sized insurance companies to meet their capital requirements. 

Cat Bonds

Cat Bonds allow capital market participants to invest into insurance event risk, such as tropical cyclones, earthquakes and other catastrophes.

Private ILS

Twelve Capital actively sources Private ILS transactions (known collectively as collateralised reinsurance). Risk types go beyond elemental perils and may also include other lines of business such as offshore energy or man-made perils enhancing diversification.

Insurance Equity

The strategy invests in equity securities of global listed insurance companies.

Best Ideas

A multi-asset best ideas portfolio that exploits relative value opportunities across an insurer’s balance sheet as well as across the underlying assets: ILS, Insurance Debt and Insurance Equity.

Company Profile

Twelve Capital is an independent investment manager specialising in insurance investments for institutional clients. We are also a leading provider of capital to the insurance and reinsurance industry.

Our investment expertise covers the entire insurance balance sheet, including Insurance Bonds, Insurance Private Debt, Catastrophe Bonds, Private Insurance-Linked Securities and Insurance Equity. We also compose portfolios of our Best Ideas. Our capital solutions are drawing the world of insurance and reinsurance into a closer, more productive relationship with capital markets.

The firm was incorporated in October 2010 and is majority-owned by its employees. We have offices in Zurich and London.

  • Dr. Urs Ramseier

    Executive Chairman Twelve Capital Holding AG
    Chairman Twelve Capital (UK) Ltd

    Marlene Stam

    Vice-Chairman Twelve Capital Holding AG

    Dr. Christoph Buerer

    Vice-Chairman Twelve Capital Holding AG
    Chairman Twelve Capital AG

    Dr. Andreas Casutt

    Board Member Twelve Capital Holding AG
    Board Member Twelve Capital AG

    Thomas A. Mueller

    Board Member Twelve Capital Holding AG
    Vice-Chairman Twelve Capital AG

    Clive O'Connell

    Vice-Chairman Twelve Capital (UK) Ltd

    Marcel Wildhaber

    Board Member Twelve Capital (UK) Ltd

  • Dr. Urs Ramseier

    Founding Partner
    CEO & CIO

    Marcel Wildhaber

    Managing Director
    Chief Operating Officer

    Marcus Rivaldi

    Managing Director
    Analytics

  • Dr. Urs Ramseier

    Founding Partner
    CEO & CIO

    Dinesh Pawar

    Managing Director
    Insurance Bonds Strategy

    Florian Steiger

    Executive Director
    Cat Bonds Strategy

    Etienne Schwartz

    Executive Director
    Portfolio Management

    Aaron Coates

    Executive Director
    ILS Sourcing

    Karol Kurek

    Executive Director
    Trading & Execution

    Sandro Kriesch

    Founding Partner
    Advisor Private ILS Strategy

  • Marcus Rivaldi

    Managing Director
    Analytics

    Paul Sarran

    Executive Director
    Credit & Equity Analytics

    Vittorio Sangiorgio

    Executive Director
    Credit & Equity Analytics

    Dr. Jamie Rodney

    Executive Director
    ILS Analytics

    Niamh MacNamara

    Director
    ILS Analytics

    Rhodri Morris

    Associate Director
    ILS Analytics

    Stanley Shillington

    Associate Director
    Credit & Equity Analytics

    Carlo Petracca

    Associate
    Credit & Equity Analytics

  • Dr. Christoph Buerer

    Founding Partner
    General Counsel

    Anna Hall

    Executive Director
    Legal Analytics

    Natalie Vivian

    Associate
    Legal Analytics

    Michael Donovan

    Director
    Reinsurance Contract Specialist

  • Nils Ossenbrink

    Managing Director
    Products & Distribution

    Thomas Frey

    Executive Director
    Distribution Switzerland

    Marc Defilippi

    Executive Director
    Distribution Switzerland

    Adam Volbracht

    Executive Director
    Distribution Germany

    Philipp Graf

    Senior Advisor
    Global Distribution

  • Dr. Kathrin Verbeck-Gerster

    Managing Director
    Marketing & Client Services

    Debora D'Elia

    Associate Director
    Marketing & Client Services

    Geralf Gerisch

    Executive Director
    Marketing & Client Services

  • Bruno Mueller

    Managing Director
    Chief Risk Officer

    Dr. Alina Papina

    Executive Director
    Portfolio Analytics

    Stefan Haring

    Director
    Risk & Portfolio Analytics

  • Jackie Jordan

    Managing Director
    Chief Compliance Officer

    Matthäus Fischer

    Executive Director
    Compliance

  • Christophe Rentsch

    Executive Director
    Chief Financial Officer

    Alexandra Walker

    Associate
    Finance

    Abby Dickens

    Director
    Global Human Resources

  • Marcel Wildhaber

    Managing Director
    Chief Operating Officer

    Marta Melayova

    Executive Director
    Operations

    Selin Celik

    Associate Director
    Operations

    Edward Kuffour

    Associate Director
    Operations

    Amardip Verdi

    Associate
    Operations

    Christian Bräker

    Director
    Project Management Office

  • Benedicte Hartmann

    Associate
    Office Management Zurich

    Ana Furlan

    Associate
    Office Management Zurich

    Emma Francis

    Associate
    Office Management London

    Monica D'Arcy

    Associate
    Office Management London

Facts and Figures

Independent investment manager specialised in insurance investing

Founded in 2010

USD 3.9 bn assets under management as at 30 September 2020

Over 45 employees

Privately owned by its founding members, employees and a minority stake is held by XS Investments

Twelve Capital AG is licensed as "Manager of collective investment schemes" by the Swiss regulator FINMA

Twelve Capital (UK) Ltd is authorised by the Financial Conduct Authority (FCA) as a MiFID investment firm and registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) and as a commodity pool operator (CPO) with the U.S. Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA) in such capacity

Offices in Zurich (Switzerland) and London (UK)

Careers

Our people represent the intellectual capital that drives our business. We recognise that it is crucial for a fast growing, institutionally focused business to establish a strong layer of senior professionals in leadership positions, while simultaneously developing skilled and motivated junior professionals.

We offer attractive career opportunities in a dynamic working environment. If you see an opportunity where you believe you could add value to our company, we would be pleased to hear from you - careers@twelvecapital.com.