French reinsurance company SCOR’s property management business, SCOR Investment Partners, has actually revealed that its flagship disaster mutual fund has actually now exceeded $1 billion in properties under management, while the total properties of its insurance-linked securities (ILS) fund techniques have actually reached around $3.5 billion.
In truth, the SCOR Atropos ILS Fund reached over $2 billion of ILS properties under management previously this year.
Together, SCOR IP has actually verified that thanks to the ongoing development in AuM at the Atropos ILS and cat mutual fund techniques, overall ILS AuM throughout the group now sits at around $3.5 billion.
SCOR IP thinks that ILS as a possession class, in specific disaster bonds, presents “attractive investment opportunities with historically high expected yields resulting from buoyant ILS market conditions,” the business said today.
The SCOR IP ILS platform is led by Sidney Rostan, and handles the 2 flagship Atropos ILS funds, each of which have actually seen considerable development over the in 2015.
Fabrice Rossary, CEO of SCOR Investment Partners, commented, ” The property class diversity function, paired with appealing prices levels, have actually added to its growth within financiers.
“Our placing based upon openness and durable efficiency has actually naturally enabled us to gain from this boost.
“Opportunities in this market remain numerous and we are proud to support its development.”
View information of devoted ILS fund supervisors and reinsurers using ILS-style financial investment opportunities in our Insurance-Linked Securities Investment Managers & Funds Directory.
