ORIGINAL PUBLICATION HERE
PKA Ltd. (Pensionskassernes Administration A/S), a large pension fund investment service provider for employee pension funds in Denmark, has highlighted the stability and return possible from ILS investments, achieving 15.7% from its allocation in 2015.
PKA has been investing in insurance-linked securities (ILS), including catastrophe bonds and private ILS or collateralised reinsurance deals, since 2011, when it made a decision to add the asset class to its alternative strategies with a $150m allocation to Swiss ILS specialist manager Twelve Capital.