Solidum ILS avoided cyber cat bonds to date on ‘teething problems’

ILS and cat bond fund manager Solidum Partners has steered clear of early cyber cat bond issuance on likely “teething problems” for the infant segment, but suspects that rising demand will yet make a viable class of the product in the mid-term.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

Solidum funds down 5 to 8% on Ian; core cat fund down 2x likely loss

7 October 2022 Some defaults are possible’ among Florida- and flood-specific underlying assets.

Alternative Risk Transfer

First ILS to use blockchain in settlement process devised by Solidum Partners

8 August 2017 Solidum Partners, the Switzerland-based investment firm that specialises in helping companies issue private cat bonds, has facilitated the issuance of the first insurance-linked security (ILS) whereby the traditional settlement system has been replaced with the use of blockchain.

Insurance

First cat bond to cover volcano risk issued by Danish Red Cross/Howden

22 March 2021 Initial investors include Plenum Investments, Schroder Investment Management and Solidum Partners.