Swiss pension Nest gets 20%+ returns from ILS and cat bond investments in 2024
Switzerland based pension fund Nest Sammelstiftung, or the Nest Collective Foundation, saw catastrophe bonds and insurance-linked securities (ILS) as one of its best investment asset classes in performance terms in 2024, benefiting from over 20% across its cat bond and reinsurance allocations. Nest Sammelstiftung positions as an ecological-ethical pension investor, adopting sustainable investment strategies, one […]
Major hurricane Erick puts Mexico’s parametric Pacific coast IBRD cat bond on-watch
The rapid intensification of tropical storm Erick into a major hurricane has brought Mexico’s Pacific coast hurricane parametric catastrophe bond, the $175 million IBRD CAR Mexico 2024 (Pacific) issuance, sharply into focus, as Erick’s central pressure is estimated just a couple of millibars above where the trigger for attachment sits. At this time, major hurricane Erick has […]
Investors see insurance-linked securities as one of the best income yield opportunities
Institutional investors are searching for diversification, income generation and also defensiveness in their asset selection, as they strive to build resilient portfolios to suit a world defined by fragmentation and flux, a survey from asset manager Schroders explains. Given the current macro-economic and geopolitical backdrop, institutional investors are rethinking their allocation strategies and searching out […]
Advantageous ILS market conditions see cat bonds at 70% of Citizens program: CFO Montero
Florida’s Citizens Property Insurance Corporation has leaned more heavily on the catastrophe bond market for its 2025 risk transfer strategy, with CFO Jennifer Montero revealing that 70% of the insurer’s total risk transfer program, including both new and continuing coverage, is now backed by cat bonds. Speaking during Artemis’ recent Catastrophe Bond and ILS Market Conditions […]
Jamaica builds on parametric disaster risk financing for 2025. Cat bond remains core
The Government of Jamaica has prepared itself for the 2025 hurricane season with a further increase to its National Natural Disaster Risk Financing Policy arrangements, with the largely parametric reserves and contingent financing augmented with parametric insurance and its World Bank catastrophe bond. In March this year, the Jamaican Ministry of Finance negotiated a further J$6.5 billion […]
World Bank highlights weather-index insurance to raise South Asia climate resilience
As South Asia faces escalating threats from extreme weather events, the World Bank Group is urging policymakers to scale up innovative financial tools such as weather-index insurance to help households and businesses manage climate risks more effectively. In a newly released report, From Risk to Resilience: Helping People and Firms Adapt in South Asia, the World […]
David Maslo appointed interim CEO of African Risk Capacity Ltd
The Board of African Risk Capacity Limited (ARC Ltd), the financial affiliate and parametric insurance underwriting entity of the African Risk Capacity (ARC) Group, has announced the appointment of David Maslo as interim CEO, effective June 16th, 2025. Maslo, a seasoned leader across the sector, brings a strong combination of actuarial expertise and policy insight […]
ILS Is fundamental to market evolution and growth: McKeown, Vantage Risk
In a rapidly evolving re/insurance landscape, Vantage Risk is positioning itself at the forefront of innovation and adaptability, particularly in the insurance-linked securities (ILS) space. Speaking with Artemis, Chris McKeown, Chief Executive, Reinsurance, ILS, and Innovation, at Vantage Risk, outlined how the firm is approaching capital deployment, navigating current market dynamics, and leveraging ILS to […]
Finalists Announced for Company Categories at Captive Review’s US Awards 2025
Captive Review has revealed the shortlist for its US Awards 2025 company categories, celebrating firms that have delivered outstanding performance, innovation, and service excellence across the captive insurance landscape. Now in its 13th edition, the Captive Review US Awards has become a flagship event in the North American captive calendar, drawing hundreds of entries from […]
Resiliency-focused cat bonds could unlock billions for disaster risk reduction: UNDRR
Embedding disaster resiliency terms into catastrophe bonds and other insurance-linked securities (ILS) products could potentially unlock billions of dollars in funding for adaptation and risk reduction measures, according to Alissa Legenza, Member of the UNDRR Investor Advisory Board. The United Nations Office for Disaster Risk Reduction’s (UNDRR) Investor Advisory Board (IAB) was established in response […]