Bermuda-based Fund administrator Prime Management Ltd has become a Bermuda Stock Exchange (BSX) listing sponsor.This will enable the firm to sponsor the listing of catastrophe bonds and other insurance-linked securities - an area in which the BSX is seeing substantial growth.Prime has been a Bermuda Monetary Authority-licensed fund administrator since 1997 and its clientele include onshore and offshore hedge funds.As well as risk-linked investments (RLI), Prime has the ability to sponsor applications for new listings on the BSX for other securities including investment funds, fixed-income securities, depository receipts and the secondary listing of equities.“Prime is pleased to have joined the BSX as a listing sponsor,” said John Whiley, head of Prime’s specialised collateralised reinsurance and RLI services group.“Prime has been servicing the specialised requirements of investment structures, sponsors and managers in the collateralised reinsurance and RLI market since 2002.“Our ability to act as listing sponsor to catastrophe bonds and investment structures devoted to the RLI market will greatly enhance the scope of our product offering to our RLI clients and demonstrates our commitment to being the top administrator servicing the RLI market.”BSX CEO Greg Wojciechowski said: “We are delighted to welcome Prime to the Bermuda Stock Exchange.“We firmly believe that this alliance will further strengthen and enhance our respective lines of business as well as demonstrate the vibrancy and future growth potential of the insurance linked securities market in Bermuda.”Useful website: http://www.primebermuda.com/