Pension fund MLC comfortable with ‘hairball risk’ of ILS alternatives
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Pension fund MLC comfortable with ‘hairball risk’ of ILS alternatives

Liz Bury
30 November 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Stunning wide angle aerial drone view of the Sydney Harbour with the Opera House, a cruise ship and many skyscrapers in the background. Taken near the suburb of Kirribilli. New South Wales, Australia.

Australian pension fund MLC made a 4.8% return from its ~$700mn ILS portfolio in the 12 months to 30 September, despite some exposure to Hurricane Ida and European flood losses.

MLC’s latest investment update showed a 0.9% return from its ILS strategy for the quarter to 30 September.

The pension fund said it was discussing with its two reinsurance managers “early opportunities to adjust and fine tune their portfolios” into...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsILS fundsInvestors
liz bury 2024 ii ils 2.png
Liz Bury
Editor
Contact
Gift this article