Computershare Expands ILS Services to Include Catastrophe Bond Trustee and Paying Agent Roles

Computershare, a banking and investor services provider with a footprint in the collateralized reinsurance market, is expanding its insurance-linked securities (ILS) services offering to focus on also providing trustee and paying agent services for catastrophe bonds.

The global financial services company believes that its expertise gained in the collateralized reinsurance market means it is well-positioned to also provide catastrophe bond services to insurance and reinsurance companies, asset managers at specialist ILS, hedge, pension and mutual funds, as well as to banks and other financial institutions.

Catastrophe Bonds: A Growing Market

With catastrophe bonds an area receiving growing investor interest, Computershare wants to capitalize on this by expanding its ILS service range. The company sees this as a natural extension of its existing role in the ILS market, and believes that it can provide value to clients by leveraging its experience and expertise in the collateralized reinsurance market.

Providing Top-Notch Services to Clients

The paying agent services are designed to align with US business hours, ensuring fast, same-business day response times, along with personalized client support. This focus on customer service is key to Computershare's success in the ILS market.

“Supporting cat bonds as a trustee and paying agent is a natural expansion of our current role in the ILS market, and this new collateralized reinsurance product is also part of our ongoing efforts to provide corporate trust clients with enhanced offerings,” explained Michael Alfano, Vice President, Sales for US Corporate Trust, Computershare.

He added, “Drawing upon the broad experiences and in-depth knowledge of our corporate trust team, we aim to provide top-notch services to our clients – and a significant advantage across the US.”

Computershare: A Trusted Partner in the ILS Market

Computershare's decision to expand its ILS services offering is a testament to the growing importance of the catastrophe bond market. The company is well-positioned to capitalize on this growth, thanks to its experience in the collateralized reinsurance market, its commitment to providing excellent customer service, and its focus on innovation.

This move by Computershare highlights the continued evolution of the ILS market and its growing importance as a source of capital for the insurance and reinsurance industry. As the market continues to grow, we can expect to see more financial services companies expanding their offerings to cater to the needs of ILS investors and issuers.

The Future of Catastrophe Bonds

The future of the catastrophe bond market is bright. The market is expected to continue to grow in the coming years, as more investors seek alternative sources of risk-adjusted returns. As a trusted partner in the ILS market, Computershare is well-positioned to capitalize on this growth and provide its clients with the services they need to succeed. The company's decision to expand its ILS services offering is a positive sign for the future of the catastrophe bond market. The market is expected to continue to grow in the coming years, as more investors seek alternative sources of risk-adjusted returns. The expansion of services is also likely to attract new investors and issuers to the market, further driving its growth and development.