City of Zurich pension to double insurance-linked securities allocation
The City of Zurich Pension Fund announced a rebalancing of its portfolio strategy, part of which will see the investor as much as double its allocation to the insurance-linked securities (ILS) asset class. The City of Zurich Pension Fund manages roughly 21 billion Swiss francs in assets, which equates to more than US $22.5 billion. […]
Bermuda Stock Exchange (BSX) lists first Hong Kong cat bond
The Bermuda Stock Exchange (BSX) continues to be the listing venue of choice for the catastrophe bond market with a significant percentage of the outstanding market housed there and has even won the listing for the first cat bond to be issued out of Hong Kong. The Bermuda Stock Exchange (BSX), under the strategic guidance […]
