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A total $225mn of fresh limit entered the market across two deals.
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ILS offers efficient capital for underwriters, but casualty ILS transactions are complex.
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The Swiss pension fund has not disclosed an ILS allocation before.
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The pension plan has been allocating to ILS since 2005.
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One dollar-denominated deal has opted to hold collateral in EBRC notes.
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The bond will cover named storms in five US states.
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Price guidance for the bond is 4.00%-4.50%.
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The platform is based in Bermuda and will focus on strategic capital partnerships.
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The buzz in the air at ILS Connect told of a market entering its next growth phase.
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Richard Pennay also addressed the dip in cyber ILS activity.
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Investor interest and capital flows point to potential for ILS proliferation.
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This year’s ceremony will include the inaugural Women in ILS Award presentation.