This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Despite the recent spread widening seen in catastrophe bonds, K2 Advisors, the hedge fund focused investment management unit of Franklin Templeton, continues to favor the insurance-linked securities (ILS) asset class and cat bonds in particular remain its top-pick…
Month: July 2024
Nat cat gap expands 5.2% to $385bn, but protection more available: Swiss Re
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The global natural catastrophe protection gap widened again in 2023, rising 5.2% to US $385 billion in premium equivalent terms, but at the same time Swiss Re reports that there are signs of more protection being available, which…
City National Rochdale mutual ILW fund sees slight growth to $227.4m
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The City National Rochdale Select Strategies Fund, a US mutual insurance-linked securities (ILS) fund focused on investments into industry-loss warranties (ILW’s) and industry-index trigger catastrophe bonds, saw slight growth through the latest quarter of record, ending April 2024…
Twelve Capital completes $15m Dodeka 2024-1 private catastrophe bond
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Twelve Capital, the Swiss headquartered insurance-linked securities (ILS) and reinsurance investment manager, has successfully completed a new $15 million Dodeka 2024-1 private catastrophe bond, which is the manager’s twenty seventh issuance in the Dodeka series. It’s the first…