Insurance-Linked Strategies

Insurance-Linked Strategies (ILS) offer diversification potential, but require specialised expertise.

ILS, such as catastrophe bonds and collateralised reinsurance, provide access to insurance risk with low correlation to traditional markets. Effective oversight depends on robust risk modelling, collateral management, and governance.

To promote sound practices, our ILS Working Group brings together institutional investors and asset managers to develop practical, industry-led guidance — including standardised risk reporting through the Insurance Open Protocol template (available via the Open Protocol Toolbox).