CalPERS wants to increase ILS investments to contribute to climate solutions goal: Bloomberg
The California Public Employees’ Retirement System, or CalPERS as it is better known, is exploring ways to increase its exposure to insurance-linked securities, which are seen as one asset class that can contribute towards its goal to invest $100 billion in climate solutions by 2030, according to a Bloomberg report. CalPERS is one of the […]
Economics of ILS and appetites of investors change with the reinsurance cycle: Moody’s
In a recent report, Moody’s Ratings highlights how the economics of catastrophe bonds and insurance-linked securities change over time, driven by the softening global reinsurance market cycle. The end-result is more risk being assumed for less return, but as long as ILS manager’s maintain discipline, there is no cause for concern at this stage. Reinsurance […]
VisionFund teams with Global Parametrics on two-peril Amazon Basin parametric insurance
VisionFund, the financial inclusion arm of World Vision, working alongside with Global Parametrics and co-financed by the InsuResilience Solutions Fund, will design a two-peril parametric meso-insurance product for World Vision offices in Bolivia, Brazil, Colombia and Peru, as part of the wider Amazon Basin Initiative. According to the announcement, this move aims to address increasingly […]
Third-party capital more than just complementary capacity for Hannover Re: Althoff
Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, has said that third-party capital is certainly part of the reinsurer’s strategy, describing it as more than just complementary capacity, whilst also adding that it is creating opportunities for Hannover Re. Althoff made these remarks during a recent webinar briefing presented […]