25.07.2014 - New Zealand SWF to invest in catastrophe reinsurance
The New Zealand Super Fund (NZSF) is looking to invest in catastrophe risk insurance due to the sector's cyclical nature and strong liquidity, according to Pablo Matias Sosa, senior investment strategist at the $22 billion sovereign wealth fund (SWF). Catastrophe reinsurance typically sees firms underwrite losses on large scale, tail-risk events, such as Hurricane Katrina, and Sosa said that this was an alternative investment the fund was considering diversifying into...............................................Full Article: Source
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