Australian pension fund Challenger Group has expanded its non-life ILS investments by 12% in US dollar terms to A$735mn ($491mn) as of 30 June 2024, compared to A$648mn ($422mn) as of 31 December 2023.
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Challenger Group grows non-life ILS allocation to $491mn as of June
The proportion of total fund assets invested in non-life ILS held steady at 0.6%.