SOURCE: Anchor Risk Advisors

Anchor Risk Advisors

June 29, 2011 11:37 ET

Anchor Risk Advisors Supports OECD Efforts to Aid Chilean Government Catastrophe Financing

WAYNE, PA--(Marketwire - Jun 29, 2011) - Pete Vloedman, CEO of Anchor Risk Advisors, a specialist Insurance-Linked Securities investment manager, was invited to attend the June 23-24, 2011 High-Level Roundtable on the Financial Management of Earthquakes at the Organization for Economic Cooperation and Development (OECD) Headquarters in Paris.

Responding to the Chilean government's request to help revisit its national strategy on the financial management of catastrophe risks in the aftermath of the February 2010 Chilean earthquake, the OECD High-Level Advisory Board on the Financial Management of Catastrophes brought together experts in catastrophic risk management from the public sector, industry and leading research institutions around the world to provide analysis and advice to members of the Chilean government. Mr. Vloedman's two decades of experience in the securitization of catastrophic risks provided valuable insight to the Chilean delegation on catastrophe bonds and related risk financing opportunities.

"I was honored to be invited to a meeting that has the potential to improve the lives of Chile's citizens in the aftermath of future catastrophes," Mr. Vloedman said. "Our involvement is an example of Anchor's commitment to helping the victims of catastrophic events." Dr. Erwann Michel-Kerjan, Chairman of the OECD's High-Level Advisory Board on the Financial Management of Catastrophes, added, "Pete's broad experience since the early days of catastrophe risk securitization provided valuable insight into addressing the Chilean government's risk financing needs."

About Pete Vloedman & Anchor Risk Advisors
Pete Vloedman is the Chief Executive Officer of Anchor Risk Advisors, an investment manager specializing in Insurance-Linked Securities. He is a pioneer in this sector, beginning with the first-generation Chicago Board of Trade catastrophe futures product in 1991. Pete has over 20 years of securitized and traditional reinsurance experience, including 10 years in asset management. More information: www.anchorriskadvisors.com.

About Dr. Erwann Michel-Kerjan
Dr. Erwann Michel-Kerjan is an authority on managing the risks, financial impact and public policy challenges associated with catastrophic events. In addition to serving as Chairman of OECD's High-Level Advisory Board on Financial Management of Large-Scale Catastrophes, he is Managing Director of the Wharton School's Risk Management and Decision Processes Center, which for over 25 years has been at the forefront of research into the development of strategies and policies for dealing with catastrophic risks. More information: www.erwannmichelkerjan.com.

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