Market Background
Collateralized Reinsurance vs the Investment Universe
- Estimated Global pension funds assets under management – $35 trillion
- Pillar Capital focuses on Non-Life Property Risk, specifically Property Catastrophe Risk:
- Hurricanes; earthquakes; tornadoes; hail storms; brush fires…
- These risks:
- Are “short tailed” (events are known within 12 to 18 months)
- Involve returns dependent on natural events rather than economic activities
- Have shown limited correlation to the broader financial markets
