Hurricane Ian – Event Report

Major hurricane Ian hit Florida as an upper-level category 4 storm, causing significant humanitarian and economic loss. The destruction caused by the storm will noticeably affect the reinsurance and ILS markets. The present loss report discusses the storm and...

The ILS market in the first half of 2022

Capital markets generally faced a difficult time during the first half of 2022. Insurance Linked Securities performed reasonably well in this challenging environment and proved their merits as a diversifying asset class. However, an expectation by investors of higher...

The year 2021 in review

The year 2021 challenged the ILS industry on several occasions. Not only hurricane Ida, but as well a selection of other noteworthy events hit the reinsurance market and caused insured losses well in excess of 100 Bn USD. The Solidum Funds sailed safely through these...

Event Report: Hurricane Ida

Storm history Ida was the second major hurricane of the 2021 Atlantic hurricane season. Ida emerged from a tropical disturbance that travelled along the coast of Venezuela and turned in the direction of Jamaica. There it developed into a tropical storm on August 26,...