The broad benchmark index for insurance-linked securities (ILS) funds, the Eurekahedge ILS Advisers Index, has reported its strongest July performance on record, with ILS funds averaging 1.37% for the month.
After which the year-to-date performance for this ILS fund performance index is now the third-highest on record at this stage of the year and it appears August returns are likely to prove even higher once reported.
July 2024 saw the catastrophe bond and ILS funds tracked by the Eurekahedge ILS Advisers Index deliver an average return of 1.37%.
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