Insurance linked securities (ILS) have long existed as an investment diversifier, meeting capital needs in financial markets. But what role can they play in accelerating the flow of capital to build a more sustainable economy? In this training session, Nephila Advisors explored the growing demand for risk transfer in markets, such as agriculture and renewables, and look ahead to its importance in meeting global net-zero targets.

Questions and comments were moderated by Karen Shackleton of Pensions for Purpose.

Objective

To gain a greater understanding of the climate risk transfer market, the investment opportunity and its role in a sustainable economy.

Who was this event for?

This event was opened to asset owners such as pension fund trustees and executives, investment consultants, independent trustees or advisers and government representatives.

Sponsor

Speaker Biography

Maria Rapin, CEO, Nephila Climate

Maria is CEO of Nephila Climate and a member of the Climate advisory board and firm ESG Committee. She is responsible for the strategy and overseeing the investment process for our climate strategies which aim to move scalable capital to support sustainable development. Before joining Nephila in 2015, she was a portfolio manager at SCOR Alternative Investments in Paris, where she worked on insurance-linked investments. Maria began her career with Swiss Re capital markets team working on the structuring, distribution and trading of catastrophe bonds in New York and London, working with institutional investors in North America, Asia and Europe. She has a BBA in International Business/Information Systems from The George Washington University.

The Paris Alignment Forum was established by Pensions for Purpose to help pension funds and other asset owners on their journey towards alignment with the goals of the Paris Agreement. We do this by sharing climate-related thought leadership written by our Influencer members (asset managers, consultants and lawyers), by running free training workshops for trustees and by engaging in industry-wide conversation through our quarterly all-stakeholder and asset-owner events. To join the Paris Alignment Forum member please email Karen Shackleton.

Pensions for Purpose

Pensions for Purpose exists as a bridge between asset managers, pension funds and their professional advisers, to encourage the flow of capital towards impact investment. Our aim is to empower pension funds to seek positive impact opportunities and mitigate negative impact risks.

For more information, please email Charlotte O'Leary.