3 JUL, 2023
By Leticia Rial from RankiaPro Europe
Union Bancaire Privée, UBP SA announced today that it has signed a distribution agreement with Securis Investment Partners LLP, one of the leading managers of Insurance-Linked Securities (ILS). This partnership will enable UBP to offer Securis’ global expertise to institutional clients and third-party distributors in Europe, the Middle East, and Asia.
Founded in 2005 and headquartered in London, Securis is a global leader in the ILS space, managing $3.3 billion in assets. Insurance-Linked Securities are an innovative asset class that allows investors to access insurance risk premiums by providing coverage for catastrophic natural or man-made events. ILS offers investors attractive risk-adjusted returns with low correlation to more traditional asset classes. ILS strategies typically invest in one or more insurance-linked instruments, particularly cat bonds.
“At UBP, we aim to offer our clients our expertise and the best possible products and services. Securis is the ideal partner in the ILS sector, and collaborating with them allows us to further expand our offering and meet our clients’ needs effectively. Few ILS managers have the resources and structures required for the high-quality investments that Securis offers.”Nicolas Faller, Co-CEO Asset Management and Head of Institutional Clients at UBP
Vegard Nilsen, CEO of Securis, added, “We are excited to collaborate with UBP. Securis has always distinguished itself by offering a wide range of ILS solutions, which we believe can bring added value to UBP’s clients. UBP’s entrepreneurial spirit and flexibility align with our business model, and we are confident that, with its strong fund distribution capabilities worldwide, UBP is the right partner to help us expand beyond our core markets.”
By RankiaPro Europe