Alternative Risk Transfer and Insurance-Linked Securities: Trends, Challenges and New Market Opportunities

Bericht

Due to their relatively high yields and low return correlations with traditional asset classes, insurance-linked securities (ILS) are often described as an attractive investment opportunity. Yet, the investor base for ILS is largely dominated by a few specialized investment managers. The aim of this study is to analyze advantages and disadvantages, the current market development and the decision-making processes that drive the demand for this aspiring asset class. To reach this aim, we first review the existing knowledge on ILS instruments and markets, then present results of a new international survey among ILS investors and finally, based on the results of the first and second step, derive implications for the future development of ILS.

Object Details

• ISBN: 978-3-7297-2000-8
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: I.VW HSG Schriftenreihe ; No. 56

Classification and Topics

• Classification: Wirtschaft
• Subject: Insurance-Linked Securities ; Kapitalmarktrendite ; Risikoprämie ; Anlageverhalten ; Finanzmarkt ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ben Ammar, Semir ; Braun, Alexander ; Eling, Martin
• Event: Veröffentlichung
• (who): Verlag Institut für Versicherungswirtschaft der Universität St. Gallen
• (where): St. Gallen
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/226642
• Last update: 10.03.2025, 11:42 AM CET