Average return of ILS funds hits 0.31% in November 2015

The average insurance-linked securities fund return across a group of 32 ILS, reinsurance linked and catastrophe bond funds included in the Eurekahedge ILS Advisers Index totaled 0.31% in November 2015, reports Artemis.bm.

The average return reached 4.15% for the first 11 months of 2015, the third-lowest return for the first 11-month period on record.

"In November, cat bond return made slight positive returns, which drove pure cat bond funds to grow 0.17%," Stefan Krauchi, founder of ILS Advisers said.

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