Twelve Securis merger completes, creating one of the largest ILS managers with $8.5bn
Twelve Securis has been established with $8.5 billion of assets under management (AUM) making the newly branded and combined ILS manager one of the largest in the sector, after the merger of Twelve Capital and Securis Investment Partners has now completed. Twelve Capital and Securis Investment Partners had originally announced their intention to merge in July […]
European System for Natural Catastrophe Risk Management & Re/Insurance
FULL ORIGINAL PUBLICATION HERE
Paying for the climate crisis: how to stop debt following disasters in low-income countries
Pre-arranged financing helps nations to prepare and recover faster from hurricanes, heatwaves, cyclones and other catastrophic weather events – but more needs to be done to improve access and affordability. FULL ORIGINAL PUBLICATION HERE
Cat bonds have emerged as a socially responsible investment: Man Group
The stable return profile of catastrophe bonds and their historically low correlation with broader financial markets have traditionally been the main reasons investors considered an allocation of cat bonds into their portfolio, however, more recently, investors have started recognising catastrophe bonds for their social impact, as per a new report from the Man Group. According […]
Schroders Capital invested $817m+ in ILS that help reduce protection gap in 2023
During the full-year 2023, the catastrophe bond and insurance-linked securities (ILS) team at private markets focused investment manager Schroders Capital allocated over US $817 million to transactions that specifically help in reducing the insurance protection gap. Schroders Capital has quantified this area of impact that its cat bond and ILS investment management unit has been […]
ILS growth supports sustainable disaster recovery, community resilience: Baillie Gifford
According to James Squires, Head of Multi Asset and Partner at Baillie Gifford, the risk-based premium structure of insurance-linked securities encourages important mitigation and resilience measures by communities, governments, and insurance providers. In a report focusing on the resurgence of the ILS market in recent years, Squires highlighted how this financial instrument can mitigate the […]
Selectivity & climate insights vital for ILS investment success: AXA IM’s Divet
A selective approach and a deep understanding of climate-related risks are key to managing insurance-linked securities (ILS) investments, according to François Divet, Head of ILS at AXA Investment Managers. Divet recently highlighted both positive supply and demand factors for ILS, while also explaining that due to climate change and its potential effect on catastrophe loss […]
ILS: simple, powerful, and accessible for all
“Insurance-linked securities (ILS) offer a good alternative or complement to reinsurance, and nothing complicated,” said Kirill Savrassov, convenor of the ILS Education Programme, lamenting how ILS has often been viewed as a niche product reserved for sophisticated markets or large financial institutions. “For developing countries ILS instruments such as sovereign parametric catastrophe bonds, are often […]
Why educating the industry about ILS is so important
Insurance-linked securities (ILS) have become a vital part of the reinsurance industry, providing alternative capital for risk transfer, allowing investors to access insurance risks through financial markets, spread catastrophe risks and enhance market capacity. The key benefits of ILS are clear: greater diversification for investors, reduced reliance on traditional reinsurance and increased capacity to absorb […]
Reinsurance and ILS capital crucial to support multi-transition of global economy: S&P
As the world navigates major challenges, the transitions that are required to do this effectively are going to call on risk capital and the expertise of the global insurance and reinsurance industry, with its capacity, including ILS and alternative sources, seen as a crucial form of financing, according to S&P Global Ratings. Speaking today in […]
