Reported about 7 hours ago
A successful hedge fund strategy focused on insurance-linked securities is now capitalizing on the rapidly growing parametric insurance market, which provides quick payouts based on specific weather-related metrics. This market, once limited to small businesses and farmers, is now attracting major corporations due to the challenges presented by climate change. As investment funds integrate parametric models, such as the Lumyna-Twelve Capital Parametric ILS Fund, they aim for returns that surpass traditional catastrophe bonds while addressing the increasing corporate demand for innovative insurance solutions.
Source: YAHOO