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Article: Katarsis Capital Advisers SA Selects AIR Worldwide's Modeling Software to Manage Its Catastrophe Bond Portfolio.
- Article from:
- Business Wire
- Article date:
- November 7, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON -- AIR Worldwide Corporation (AIR) today announced that Katarsis Capital Advisors SA, the advisory company of Eskatos, a hedge fund that specializes in investment in Insurance-Linked Securities (ILS), has licensed CATRADER[R], the industry standard application for analyzing catastrophe reinsurance and Insurance-Linked Securities. Katarsis will use CATRADER to advise Eskatos Capital Management Sarl to manage its portfolio of ILS and develop optimal hedging strategies.
"AIR's CATRADER is the right choice for Katarsis because it uses the most scientifically advanced catastrophe models available," said Otello Padovani, Founding Partner and CEO at Katarsis. ...