AP2 ILS portfolio rises to $1.1bn, exceeds long-term return expectations in 2024
AP2, or Andra AP-fonden, a Swedish state pension fund that is one of the largest in Europe at SEK 459 billion under management, saw its insurance-linked securities (ILS) allocation rise in value to around US $1.1 billion by the end of 2024, with the ILS asset class exceeding its long-term return expectations last year. AP2 […]
IDB to support LatAm & Caribbean countries on cat bonds & cat swaps
The Inter-American Development Bank (IDB) has announced plans to support Latin American and Caribbean nations in issuing catastrophe bonds and swaps, as part of a broader initiative aimed at strengthening financial resilience against natural disasters. This comes as the IDB recently launched its Ready and Resilient Americas program, a regional effort designed to improve disaster […]