Florida SBA makes $398mn allocation to RenRe, Aeolus, and Pillar
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Florida SBA makes $398mn allocation to RenRe, Aeolus, and Pillar

The state-backed fund had been advised to increase its allocation of ILS to 1%.

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The Florida State Board of Administration (SBA) made a $398mn additional allocation to ILS in Q4 last year via managers Aeolus, RenaissanceRe and Pillar.

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