Pressmeddelande -

Entropics to Implement Advanced Catastrophe Modeling Solution to Manage its Portfolio of Catastrophe Bonds

STOCKHOLM, 1 October 2014 - Entropics Asset Management AB (“Entropics”), the first Swedish asset manager specializing in Catastrophe Bonds, has chosen AIR Worldwide’s CATRADER® to model and manage its portfolio of catastrophe bonds. Entropics thus becomes the first asset manager in Sweden to leverage the power and functionality of catastrophe modeling software to analyze the impact of catastrophe events on global insurance-linked securities. 

"Our decision to license AIR’s CATRADER secures our access to the best data available, scientific expertise, and advanced models,” said Mr. Robert Lindblom, CEO of Entropics. “In conjunction with our in-house analysis, we expect to generate good risk adjusted returns to shareholders of the SEF Entropics Cat Bond Fund. It also provides Entropics with thorough insights into the economic impact of actual and possible catastrophic events worldwide.”

“As a manager specialized in cat bonds, risk management is essential to Entropics’ investment management process,” said Dr. Gunnar Roos, Chief Underwriter of Entropics. “We wanted a leading scientific tool to analyze risks associated with a portfolio of insurance linked securities such as compound portfolio risks, including attachment probabilities and correlations between securities, facilitating risk diversification.”

“We appreciate being chosen by Entropics and look forward to working with them by providing superior software and support,” said Mr. Yörn Tatge, managing director of AIR Worldwide’s Munich office. “CATRADER is the industry standard tool used by asset managers and reinsurers worldwide to model and analyze catastrophe bonds and other insurance-linked securities. It enables investment managers, such as Entropics, to assess the risks associated with a range of insurance-linked securities.”



Entropics Asset Management AB is Sweden's first asset manager specialized in Cat Bonds. Entropics is licensed by and under supervision of the Swedish Financial Supervisory Authority. Entropics was founded in the autumn of 2013. Its founders Mr. Robert Lindblom and Dr. Gunnar Roos have gathered a team of eight persons with profound experience from the insurance and asset management industry .

Cat Bonds are securities that transfer specific catastrophe risk from risk carriers to the capital markets. This enables the risk carrier to assume larger risks, such as natural catastrophes, thus improving the insurance protection for home and business owners. For investors, Cat Bonds offer an investment class with good historical risk-adjusted return, highly uncorrelated with financial markets.

For further information, please contact Henrik Sjöholm, Head of Public Relations, +46 760 20 61 84, henrik.sjoholm@entropics.se