Media coverage
Finanz und Wirtschaft and Le Temps feature guest article by Michael Stahel on ILS
Finanz und Wirtschaft and Le Temps published a guest article on insurance-linked strategies (ILS) by Michael Stahel, Partner at LGT Capital Partners. He provides an insight into why the asset class achieved a record year in 2023 and gives an outlook for 2024.
While 2024 is set to be a challenging year for investors, ILS might prove to be the answer. According to Michael, growing demand for insurance protection, rising interest rates and portfolio rebalancing have increased investors' return expectations while risk levels remain unchanged.
In the guest article, he emphasizes that the asset class offers exceptional diversification benefits due to its low correlation to financial markets. This low correlation reflects the fact that returns on insurance-linked investments depend solely on the occurrence of extreme insurance events such as large earthquakes or hurricanes.
Find out more here (article behind paywall) and here (article behind paywall).