pension fund

The Florida Retirement System Pension Plan, which is administered by the Florida State Board of Administration, has benefited from very strong performance across its allocations to insurance-linked securities funds, with its assets invested in ILS now approaching $2 billion.

PGGM, the Dutch pension fund investor that invests in insurance-linked securities and reinsurance on behalf of its end-client Dutch pension PFZW, has revealed a meaningful increase in the target allocation size for its investment into the PartnerRe operated Huygens sidecar structure.

The Government Superannuation Fund Authority of New Zealand has demonstrated its growing appetite to invest into catastrophe bonds and other catastrophe reinsurance opportunities, by adding insurance-linked securities (ILS) specialist Elementum Advisors to its roster of managers this year.

Global reinsurance giant Swiss Re is bringing together its insurance-linked securities (ILS) investment management operations under the Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC) brand and the combined ILS management unit will be led by long-standing executive Mariagiovanna Guatteri.

The Florida Retirement System Pension Plan, which is administered by the Florida State Board of Administration, has new insurance-linked securities (ILS) fund allocations in its pipeline, with specialty and quota share strategies now being assessed for their suitability to add to the portfolio.

There has been a notable increase in the target investment allocation range for reinsurer SCOR’s sidecar vehicle Concordia Re, in the insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client Dutch pension PFZW.

We’ve reported before that the giant insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client Dutch pension PFZW, had delivered a 15.1% net of costs return for calendar year 2024, on a Euro hedged basis.

The target allocation range has been reduced for an investment into a Munich Re reinsurance sidecar that features in the insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client Dutch pension PFZW.

Switzerland based pension fund Nest Sammelstiftung, or the Nest Collective Foundation, saw catastrophe bonds and insurance-linked securities (ILS) as one of its best investment asset classes in performance terms in 2024, benefiting from over 20% across its cat bond and reinsurance allocations.

The insurance-linked securities (ILS) fund allocation of the Florida State Board of Administration experienced a negative first-quarter of performance due to the wildfire losses at the start of this year. But, the impact seemingly turned out to be less than feared and now staff of the SBA appear to be considering a new ILS fund […]