Private ILS fund returns strong again in May. Cat bond funds also positive: ILS Advisers

Across the insurance-linked securities (ILS) fund sector the month of May 2025 was a positive one, with the average across all private ILS and catastrophe bond funds tracked by the ILS Advisers Fund Index reaching a +0.79% return for the period.

The ILS Advisers Fund Index tracks the performance of the insurance-linked securities (ILS) fund sector and steadily, through recent months, the private ILS funds that allocate to collateralized reinsurance and retrocession positions as well as cat bonds, have outpaced the pure cat bond funds.

After the first-quarter of 2025, thanks to the impacts of the California wildfires, the ILS Advisers Fund Index return for 2025 sat at -0.44%.

FULL ORIGINAL PUBLICATION HERE