The Standards Board for Alternative Investments (SBAI) and Albourne, co-chairs of the Open Protocol Working Group, have published updates to the Insurance Open Protocol (“IOP”).
Dedicated Responsible Investment approaches within ILS are in their infancy and often do not fit neatly into regulatory of industry-based frameworks. This toolbox memo explores the practical implementation of RI Insurance Linked Strategies.
Following loss events, there is often significant valuation uncertainty in ILS funds requiring the use of side pockets. This memo discusses the objectives of Side Pockets, ILS specific considerations and The Alternative Investment Standards
ILS Funds typically invest in a spectrum of assets that may range from catastrophe bonds to private collateralised reinsurance structures. This memo contains detailed guidance on a robust ILS valuation framework consistent with our Alternative Investment Standards.