A jack of all trades

24-06-2015

A jack of all trades

As the ILS asset class has become more complex, so have the fund managers who handle the assets, says Paul Schultz, CEO, Aon Securities.

The insurance-linked securities (ILS) sector has continued to advance rapidly in recent years. More complex bond structures are being used and the underlying risks being covered have diversified.

A knock-on effect of this, driven by investors wishing to participate in more complex bonds, has also been a greater sophistication among the fund managers handling these transactions.

“Investors are looking for managers who have the technical confidence to underwrite the availability of product that’s coming to market,” says Paul Schultz, chief executive of Aon Securities.


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