Ontario Teachers' Pension Plan's ILS investments were at least C$300mn in 2017, as its net assets grew by 7.92 percent year on year to reach C$189.5bn ($150.72bn).
The US Federal Emergency Management Agency (Fema) has said it intends to secure additional reinsurance for the National Flood Insurance Program (NFIP) through an insurance-Iinked securities (ILS) transaction on or around 1 July.