Twelve Capital supports World Bank’s new insurance-linked note programme
The International Bank of Reconstruction and Development (IBRD), part of the World Bank Group, has recently announced a series of insurance-linked securities that provide a cat bond based solution assisting emerging countries to cope with the consequences of natural catastrophes, such as earthquakes, tropical cyclones, and pandemic viral outbreaks.
Twelve Capital has participated in these transactions on behalf of its investors through various funds and mandates. The decision to participate in these innovative solutions was based not only on the conviction that ILS structures should play an important role in providing insurance solutions to the poorest regions on Earth, but also on the fact that gaining exposure to diversifying insurance risks at attractive yields results in better risk-return profiles for investors’ portfolios.
Friday, 04 August 2017