City of Zurich Pension Fund ILS allocation expands to ~$960m
The allocation to the insurance-linked securities (ILS) asset class by the City of Zurich Pension Fund has continued to expand, reaching approximately US $960 million by the end of March 2024, with mandates now with eight investment managers across life and P&C reinsurance investments. The City of Zurich Pension Fund remains very close to target […]
UCITS cat bond fund assets grow by 4% to reach $11.4bn in Q1 2024
The assets under management of the main catastrophe bond funds in the UCITS format increased by 4% over the first-quarter of 2024, to reach a new high of almost $11.4 billion by the end of the period. Catastrophe bond funds in the UCITS format have been growing rapidly over the last year, with their assets […]
