The Florida Retirement System Pension Plan, which is administered by the Florida State Board of Administration, saw its allocation to insurance-linked securities funds and reinsurance strategies rising to make up 1% of total pension fund assets by the end of 2025, which equated to around $2.23 billion invested.
The Florida State Board of Administration’s investment team began allocating to catastrophe reinsurance and insurance-linked securities in time for the 2018 underwriting year.
Those allocations are made on behalf of the giant Florida Retirement System Pension Plan, which reached total fund assets of over $222.5 billion by the end of 2025.
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