Cat bonds now much more attractive to potential sponsors: Steiger, Icosa
The catastrophe bond market continues on its positive trajectory in 2024, with robust demand on both sides of the trade. But with spreads and yields having become more “normalised” in recent months, cat bonds are now much more attractive to potential sponsors, Florian Steiger, CEO of Icosa Investments has said. The significant demand for catastrophe […]
City National Rochdale mutual ILW fund delivers 15.6% return
The City National Rochdale Select Strategies Fund, a US mutual insurance-linked securities (ILS) fund focused on investments into industry-loss warranties (ILW’s) and industry-index trigger catastrophe bonds, delivered its strongest annual performance in the last year, with an almost 15.6% return to its investors. With a now six year track record for this fund, Kurt Hawkesworth, […]
