Even with the losses from hurricane Ian hanging over the insurance-linked securities (ILS) market, Liechtenstein-based private bank VP Bank AG maintains an overweight view on the asset class and sees the rising premiums to come as an “entry opportunity” for investors.
VP Bank undertakes asset management and investment consultant activities for private and institutional investors, recommending opportunities, including funds, and also managing portfolios on their behalf.
VP Bank first added insurance-linked securities (ILS) to its portfolios back in 2019, when the firms Chief Investment Officer Dr. Felix Brill said they added an additional diversification element, which VP Bank saw as important amid concerns over possible recessionary factors in the economies of the world.
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