The US pension fund of global beverage and food giant the Coca Cola Company saw its investments into insurance-linked securities (ILS) increase in value in the last year to $266 million, reaching their highest level since 2022.
The Coca Cola fund ILS allocation is one of the pensions investing in insurance-liked securities (ILS) that we’ve tracked over the years, thanks to its disclosures.
At one stage, the US pension fund of Coca Cola had a meaningful $600 million or more allocation to the ILS asset class, largely catastrophe bond focused we understand, although the pension has also had collateralised reinsurance investments at one time we believe.
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