Author: Greg Winterton

Contributing Editor

Poll: Will Pandemic Bonds Ever Return?

Poll By

In April 2021, The World Bank announced that it had closed its Pandemic Emergency Financing Facility (PEF) – the program that sold pandemic bonds to capital markets investors. The program raised a few hundred million dollars and 64 countries received payments to help them with their Covid-19 responses. However, many were critical of the program, and the announcement that the initiative has closed is no surprise to most, but there remains a significant funding gap for developing countries when the next pandemic hits. So, for our poll in March 2023, we asked Life Risk News readers, “Will Pandemic Bonds Ever…

Read More

Q&A: Philip Siller, Executive Chair and Co-CEO, BroadRiver Asset Management

Features By

ELSA’s Master Agreement for Tertiary Transactions (MATT) was first published in 2019. Life Risk News’ Greg Winterton caught up with Philip Siller, Executive Chair and Co-CEO at BroadRiver Asset Management, to discuss the origins of the document and its most salient points. GW: Philip, BroadRiver, in its capacity as an ELSA member, was one of the firms involved in drafting the MATT in the first place. Why did ELSA and BroadRiver feel that some kind of standardised document was important for players in the life settlement’s tertiary market? PS: Standard documentation for recurring transactions is a critical tool for an…

Read More