Cat bond funds average 5.50% return year-to-date in UCITS Index
A particularly strong performance through the month of April 2023 now sees catastrophe bond funds in the UCITS format with an average return for the first four months of the year of 5.50%, with both higher and lower-risk cat bond fund strategies faring particularly well during the period. A combination of factors have driven this […]
PCRIC Congratulates its ILS Specialists
PCRIC is pleased to announce that two of its team members, Mr. Pankaj Singh (Finance & Planning Manager) and Mr. Richard Poulter (Actuarial Specialist) have successfully completed a seven-week course on the fundamentals of Insurance Linked Securities (ILS), run by Phoenix CRetro Ltd London in partnership with various professional bodies and educational institutions worldwide. The course provided the participants with an in-depth understanding […]
Cat bond investments post-loss recovery period impressive: Plenum
The relatively short time taken for catastrophe bond investments to recover after loss events and crises affecting global markets has been impressive throughout the sector’s history, with cat bonds exhibiting a tendency to recover from draw-downs much faster than other asset classes. Hurricane Ian is the latest example, where the catastrophe bond market has already […]
Twelve Capital lifts ILS assets 11% to $3.1bn in Q1 2023
Catastrophe bond, insurance-linked securities (ILS) and reinsurance investment manager Twelve Capital has grown its asset base through the first-quarter of 2023, reaching a new level of $4.2 billion of firm-wide assets under management. Given the firm invests across a number of areas of the insurance and reinsurance balance-sheet, including debt and equities, as well as […]
Volante names Laxmeekant Walikar as MD of Indian Subcontinent
Volante Global, an international managing general agent platform and Lloyd’s Syndicate, has appointed Laxmeekant Walikar as managing director of the Indian Subcontinent. Walikar made the announcement on LinkedIn where he also mentions that he is responsible for setting up Volante Syndicate 1699 in India. The Syndicate 1699 was created to bring business to Lloyd’s through Volante’s existing […]
Worst Natural Disasters in 2022. Global Natural Catastrophe Review
Climate change is taking an increasing toll. The natural disaster figures for 2022 are dominated by events that are more intense or are occurring more frequently. In some cases, both trends apply. Contents: 2022 natural disasters in figures What were the worst natural disasters in 2022? Regional overview Hurricane Ian driving disaster losses in USA […]
Risk adjusted cat bond yields seven times higher than 2016: Twelve Capital
Specialist insurance-linked securities (ILS) and reinsurance investment manager Twelve Capital believes the catastrophe bond investment opportunity to be particularly compelling for 2023. Higher pricing of reinsurance and retrocession, alongside stricter documentation of coverage in cat bonds, means the sector has about the highest return potential in its history. These factors “Make the current environment an […]
Risk adjusted cat bond yields seven times higher than 2016: Twelve Capital
Specialist insurance-linked securities (ILS) and reinsurance investment manager Twelve Capital believes the catastrophe bond investment opportunity to be particularly compelling for 2023. Higher pricing of reinsurance and retrocession, alongside stricter documentation of coverage in cat bonds, means the sector has about the highest return potential in its history. These factors “Make the current environment an […]
Industry loss cat bonds show significant relative value: Twelve Capital
Given spread widening has been seen to be more considerable with index-linked, or industry loss triggered, catastrophe bonds, compared to indemnity deals, investment manager Twelve Capital says there is significant relative value in them and as a result it advises being overweight to the index trigger cat bond category. Twelve Capital, the Zurich headquartered investment […]
Industry loss cat bonds show significant relative value: Twelve Capital
Given spread widening has been seen to be more considerable with index-linked, or industry loss triggered, catastrophe bonds, compared to indemnity deals, investment manager Twelve Capital says there is significant relative value in them and as a result it advises being overweight to the index trigger cat bond category. Twelve Capital, the Zurich headquartered investment […]
