BNP Paribas today announced that it has been awarded the Insurance Risk Award for Best Bank for Insurance-Linked Securities 2014.
The Fixed Income Insurance-Linked Securities team received the accolade for outstanding risk management and risk advisory work at a ceremony in London on Thursday 13 November.
BNP Paribas capped a record year for insurance-linked securities, with a number of transactions in which investors took on innovative structures, opening new ground for similar deals in future.
Risk said : “BNP Paribas is well placed to take advantage of innovation in the market, having maintained a long-standing commitment to ILS since 2000, both in primary market issuance and secondary trading.”
Commenting on the award, Rishi Naik, Head of ILS Sales and Trading, Fixed Income, BNP Paribas said : “This accolade is testament to the excellence of our insurance securitisation platform and unwavering dedication to continuing to provide our clients with innovative solutions.”
For more information, please visit: http://www.risk.net/.
About BNP Paribas
BNP Paribas has a presence in 75 countries with more than 180,000 employees, including more than 140,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.