-
The reinsurer’s assets under management rose 14% to $3.3bn. -
Aside from the one-year view, 2023 remixes the track record.
-
-
The firm told investors yields in the cat bond market are 'still very attractive'.
-
Of the 18 top-tier ILS managers, 10 recorded growth, while eight were flat or down.
-
The sidecars segment has been attracting inflows after returns hit a high note in 2023.
-
Cat bonds and sidecars are well positioned for growth, while private ILS will benefit from further innovations to improve liquidity.
-
In its semi-annual report for the six months to 31 July 2023, the manager said the fund had returned 2.74% over the half-year.
-
The bond will provide protection from named storms in Florida for three years.
-
The independent manager’s post-Ian growth has helped it more than double from prior estimated assets under management.
-
The Swiss Re Total Return Index climbed month-over-month throughout the year, to more than regain ground lost after Hurricane Ian in September 2022.
-
Nearly 90% of the fund’s allocation is in cat bonds, with a small allocation to other ILS securities and US Treasury Bills.
