The investor continues to target more diversication within its ILS investments
Florida State Board mulls property cat ILS reduction
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Florida State Board likely to reduce property cat ILS investments, keep diversifying
 The Florida State Board of Administration, which manages allocations to insurance-linked securities funds and reinsurance strategies on behalf of the giant Florida Retirement System Pension Plan, has said it is likely to reduce its exposure to property catastrophe risk as expected mean loss returns have declined.
The investor that has somewhere north of $2 billion allocated across a range of ILS fund strategies for the giant Florida Retirement System Pension Plan is maintaining a focus on diversification within its allocations, with specialty lines one area continuing to be assessed for additional opportunities.
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