Insurance Linked Markets
Insurance Linked Markets (ILM) is a crossover specialty, focused on the convergence between insurance and capital markets.
The ILM market involves structuring of insurance risks into a form that is acceptable to capital market investors. In essence these structures transform insurance exposures, mainly event driven exposures such as earthquakes and hurricanes, into an investment product accessible to an investor.
We act in many capacities in this value chain: as structurer and sponsor of Catastrophe Bonds, broking private placements between Allianz and capital market investors, as a transformer and more recently as a manager of these exposures.
This division of ART is dedicated to the underlying exposures of insurance and reinsurance companies outside the Allianz Group and complements the efforts of Allianz Re, which utilizes ILM products alongside traditional reinsurance placements of Allianz exposures.
For further information about our ILM business, please contact Richard Boyd.