Twelve Capital and Lumyna Investments launch innovative Parametric-focused Fund

Twelve Capital and Lumyna Investments, part of Generali Investments, are pleased to announce the launch of the Lumyna – Twelve Capital Parametric ILS Fund, a pioneering fund designed to provide diversification, enhanced returns, and de-correlated performance by investing in innovative parametric insurance transactions. Seeded by a leading European institutional investor, the fund will collaborate with fintech leader Descartes Underwriting and top-tier European insurer GC&C, Generali Group’s Global Corporate & Commercial arm which offers innovative Parametric Solutions, benefitting from Generali’s underwriting excellence and highly rated insurance balance sheet, alongside Descartes’ origination and underwriting capabilities. The fund also plans to allocate to Cat Bonds and ILWs to further enhance liquidity and diversification.

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