-
Man AHL Cat Bond Strategy has $1bn in assets, around 2% of Man AHL Partners’ total of $54bn. -
The TPA approach to investing was adopted by US pension fund Calpers last month.
-
Competition on price from traditional markets is weighing on bond market momentum.
-
The cedant’s current deal is due to mature at the end of January 2026.
-
Investor interest is warming up following a colder spell over the past several years.
-
The award of the mandates marks the California public pension plan’s entry into ILS.
-
ILS has been a driver of innovation in reinsurance, Convergence 2025 attendees heard Wednesday.
-
The funds will combine credit and ILS holdings.
-
Returns from cat risk investments stood at 20.1% for the year to 30 June 2025.
-
The allocation is around 3% of the fund’s total assets.
-
Sources have said $1bn+ of fresh capital from the region is expected to be deployed in 2026.
-
The facility will initially focus on US, Bermudian and European business.
Most Recent
