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Press release 13 April 2023

Atropos Catbond fund surpasses USD 1 billion of assets under management

Atropos Catbond fund surpasses USD 1 billion of assets under management, confirming SCOR Investment Partners' position as a leading player in the ILS segment.

 

SCOR Investment Partners, the asset management company of the SCOR Group, is proud to announce that its second flagship Insurance-Linked Securities ("ILS") fund, SCOR ILS Fund – Atropos Catbond Fund (« Atropos Catbond »), has surpassed USD 1 billion of assets under management. This milestone was reached in 2020 for Atropos fund. Incepted in 2013, Atropos Catbond invests solely in catastrophe bonds and offers a weekly valuation.

 

SCOR Investment Partners confirms its position as a leading player in the ILS segment with ILS assets under management of around USD 3.5 billion.

 

The ILS segment, and in particular catastrophe bonds, continues to present attractive investment opportunities with historically high expected yields resulting from buoyant ILS market conditions.

 

Fabrice Rossary, CEO of SCOR Investment Partners, comments: "The asset class diversification feature, coupled with attractive pricing levels, have contributed to its expansion within investors. Our positioning based on transparency and resilient performance has naturally allowed us to benefit from this increase. Opportunities in this market remain numerous and we are proud to support its development.”