Nephilia Capital sees demand for insurance linked securities

Nephila has multiple investment products and managed accounts dedicated to investing in insurance-linked instruments such as catastrophe bonds. These are a form of insurance securitisation which spread the risk of insured claims from natural disasters. Because returns are based on physical events instead of market events, they offer investors access to an asset class which is uncorrelated to world stocks and bonds. "Insurance-linked securities are clearly gaining broader acceptance from institutional investors and consultants," said Paul Dackombe, head of UK Institutional Sales at Man."A...