The investor has decided additional allocations may be warranted, as conditions remain attractive
Florida State Board to increase ILS allocations | | | ILS NYC 2025 - The Early Bird rate expires very soon! Florida State Board set to increase ILS allocations at January renewals for FRS pension Having previously indicated that it was cautious on reinsurance market conditions and undecided as to whether to add to its insurance-linked securities (ILS) investments for the January 2025 renewals, the Florida State Board of Administration now appears set to move forwards and increase its allocation to the sector. With reinsurance market dynamics changing mainly due to a weight of capital from retained earnings in the sector, the Investment Advisory Council of the Florida State Board wanted to analyse the sector and establish whether further allocations should be made at this time. But in a positive signal, the investor recently said the market is still hard, albeit with rates stabilising, which has led it to decide to increase its allocation to the January 1 2025 renewal season. Read the full story. | | | | | Please share this with colleagues and friends if you think they would like to receive it. If you've been forwarded this but want to subscribe, visit Artemis. | | | | | You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here . © Steve Evans Ltd. - Artemis.bm | | | |
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