pension fund

The portfolio of insurance-linked securities (ILS) and reinsurance investments managed by PGGM, the Dutch pension investment manager that allocates the largest amount to the insurance-linked securities (ILS) market on behalf of end-client the Dutch pension PFZW, has shrunk in size by roughly 6% over the first-quarter of 2024.

The giant more than $9 billion portfolio of insurance-linked securities (ILS) and reinsurance investments managed by PGGM, the Dutch pension investment manager that allocates the largest amount to the insurance-linked securities (ILS) market on behalf of end-client the Dutch pension PFZW, delivered a record 18.9% return in 2023.

The allocation to the insurance-linked securities (ILS) asset class by the City of Zurich Pension Fund has continued to expand, reaching approximately US $960 million by the end of March 2024, with mandates now with eight investment managers across life and P&C reinsurance investments.

Target allocation ranges have been adjusted for some of the investments that make up the giant insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client the Dutch pension PFZW.

PGGM, the Dutch pension investment manager that allocates the largest amount to the insurance-linked securities (ILS) market on behalf of end-client the Dutch pension PFZW, ended 2023 with just over US $9 billion in ILS assets under management, as a slight uplift in capital deployed in euro terms and currency rates lifted AUM to a […]

Having seen its investments into insurance-linked securities (ILS) shrink in value since 2017 saw the market impacted by a string of more significant catastrophe loss years, the pension fund of global beverage and food giant the Coca Cola Company has experienced a more positive year in 2023, with the value of its ILS investments increasing.

Swiss Re’s specialist insurance-linked securities (ILS) and third-party reinsurance capital management division, Alternative Capital Partners (ACP), has reported a 68% increase to its fee income earned for the full-year 2023, reaching $195 million.

The Florida State Board of Administration, which manages the states massive roughly $180 billion Florida Retirement System Pension Plan, has allocated $398 million to reinsurance and retrocession opportunities across three ILS managers in time for the January renewals.

The Alternative Capital Partners (ACP) division of global reinsurance giant Swiss Re has seen continued success in fundraising in recent months, with third-party capital under management rising to $3.3 billion over the course of the third-quarter.

At a meeting this week of the trustees of the Florida State Board of Administration, the planned asset allocation target changes for the near $190 billion Florida Retirement System pension fund were approved, with insurance-linked securities (ILS) set at 1%.