PFZW allocation target rises for Mt. Logan strategy, shrinks for Munich Re & Swiss Re sidecars
The target investment allocation range for the Mt. Logan Capital Management, Ltd. quota share structure named Scenery Re has been increased for the insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client pension PFZW. This comes as two of the private collateralized reinsurance sidecar structures that […]
SEADRIF and FAO launch first parametric drought insurance pilot in Lao PDR
The SEADRIF Insurance Company and the Food and Agriculture Organization of the United Nations (FAO) have launched an anticipatory drought insurance pilot in Lao People’s Democratic Republic (Lao PDR), the first time a Southeast Asian government has secured parametric insurance specifically designed to deploy pre-arranged finance ahead of drought impacts. According to SEADRIF, the insurance […]