Florida SBA commits to 1% ILS allocation; considers increased cat bond exposure
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Florida SBA commits to 1% ILS allocation; considers increased cat bond exposure

Jai Singh
26 October 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Florida SBA.jpg

The Florida State Board of Administration (SBA) has agreed to increase the ILS allocation of its Florida Retirement System pension fund to 1% and is considering increasing its cat bond exposure, following a meeting of trustee members.

ILS investments as of June this year contributed 0.4% of the fund's total $188.7bn size, meaning ILS allocations should rise to around $1.8bn

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News ILS investors RenaissanceRe Catastrophe bonds ILS Property
jai singh/jai singh ii ils.png
Jai Singh
Reporter
Contact
Gift this article