Interest in private ILS opportunities, so collateralised reinsurance and retrocession arrangements, has been rising and continues to, Marcel Grandi of Twelve Capital believes. He also thinks these instruments afford an investment manager more scope, in terms of investment options beyond catastrophe bonds and tailoring portfolios.
Marcel Grandi, Head of ILS Sourcing at Zurich-headquartered insurance-linked securities (ILS), catastrophe bond and reinsurance investment manager Twelve Capital, spoke with Artemis in an interview around this year’s Monte Carlo Rendez-Vous event.
He explained that Twelve Capital has been increasing its focus on private ILS having reshaped its private ILS strategy some four years ago now and also successfully applied this in co-mingled funds alongside cat bonds.
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