Cambridge Associates expects ‘great performance’ from ILS this year
Investment advisory firm Cambridge Associates expects “great performance” from ILS in 2023, as the higher yields witnessed last year, especially for industry-linked warranties (ILWs), translate into returns.
The firm’s 2023 outlook tempered its upbeat view with the caveat that “investors clearly need to review the asset class on a regular basis, as it backstops property against the risks of climate change and global warming”.
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