AI-improved risk modelling can streamline catastrophe bond transactions: World Bank
According to executives at the World Bank, artificial intelligence (AI) based improvements to catastrophe risk modelling could in future allow more transactions to be brought to the catastrophe bond market, with less lead time and potentially wider investor acceptance. In a joint report on the matter, the World Bank’s Michael Bennett, Head of Market Solutions […]
Twelve Capital surpasses $4bn in cat bond and ILS AUM for the first time
Twelve Capital, the Zurich-headquartered insurance-linked securities (ILS), catastrophe bond and reinsurance investment manager, has reached a new milestone in terms of third-party assets under management, surpassing $4 billion for the very first time across its cat bond and ILS portfolios. With a more than 14 year history of insurance and reinsurance-linked investment management, Twelve Capital […]