ILS MADE SIMPLE
Insurance-Linked Securities (ILS)
From sovereign disaster risk finance and critical infrastructure protection to uncorrelated, attractive, risk-adjusted and ESG meaningful portfolio diversification.
Where insurance meet capital markets
US National Association of Insurance Commissioners (NAIC) define Insurance-linked securities as "products of the rapid development of financial innovation and the process of convergence between the insurance industry and the capital markets."
In practical terms that means....