Growing flood gap a “catalyst” for ILS: Franklin Templeton


Global investment firm Franklin Templeton has released a new report that examines the growing role of insurance-linked securities (ILS) in alleviating flood risk, particularly in the US where the financial burden on FEMA and the Treasury seems to be increasing every year.

Penned by Jonathan Malawer, Head of ILS, Commodities & Environmental Strategies at Franklin Templeton’s K2 Advisors business, the report notes that ILS and catastrophe bonds are gaining traction globally as potential solutions to the financial risk posed by flooding.

Specifically, Malawer notes that the appetite for alternative ways to transfer flood risk is growing in response to the increasing frequency and severity of flood events.

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