Source: https://tendernation.io/opportunities/01a13c2b-1bbc-71c3-8558-3842b143b26e/insurance-linked-securities-ils closed GB open procedure # Insurance Linked Securities (ILS) [North Yorkshire County Council (as administering authority of the North Yorkshire Pension Fund)](https://tendernation.io/buyers/north-yorkshire-county-council-as-administering-authority-of-the-north-yorkshire-pension-fund) Estimated value £11,000,000 to £16,500,000 Published 25 Jan 2018 Deadline Closed 2 Feb 2018 ## Who can bid - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender North Yorkshire Pension fund as administered by North Yorkshire County Council. Following a recent investment strategy review, the Pension Fund Committee (the 'PFC') of the North Yorkshire Pension Fund (the 'Fund') is currently considering introducing an Insurance-Linked Securities ('ILS') mandate(s). The allocation is expected to account for between 3.3% - 5% of total Fund assets (equivalent to c. £110m to c. £165m). The rationale behind the appointment is to reduce the Fund's overall exposure to equities (as the source of assets for the ILS appointment will be equities) following recent material improvement in the Fund's solvency level. The returns from ILS depend on the underlying risks which are very different from those of traditional assets. This facet is unique. Allocating to ILS therefore helps in building a more robust overall portfolio with a strong risk/return profile. ## CPV classification Financial and insurance services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/ab942f95-1668-4691-8d8a-ed585bd6718c) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. [Track tenders free](https://tendernation.io/register) [Buyer profile North Yorkshire County Council (as administering authority of the North Yorkshire Pension Fund): past awards and live tenders](https://tendernation.io/buyers/north-yorkshire-county-council-as-administering-authority-of-the-north-yorkshire-pension-fund) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services) ## More tenders like this [Damage or loss insurance services – assurance dommages ouvrages extension de l'ehpad et construction d'une cuisine centrale de production - centre hospitalier de verneuil-sur-avre · GHT Eure-Seine Pays D'ouche · 29 days left · 17 Nov 2026](https://tendernation.io/opportunities/01a15183-6b5c-724b-be7f-eff29673117a/france-damage-or-loss-insurance-services-assurance-dommages-ouvrages-extensi) [Insurance services – Tjänstereseförsäkring · S:t Erik Försäkrings AB · 31 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a15183-81c1-722d-a8ea-4818d01c8bfb/sweden-insurance-services-tjanstereseforsakring) [Contractor's all-risk insurance services – Projektversicherung DSD Starterpaket Scan-Med- München · Deutsche Bahn AG · 31 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a15183-0890-71f6-bb29-30ad22e44545/germany-contractors-all-risk-insurance-services-projektversicherung-dsd-sta) [Health insurance services – Veselības apdrošināšana darbiniekiem · SIA "Rīgas ūdens" · 29 days left · 17 Nov 2026](https://tendernation.io/opportunities/01a15183-4248-70d4-abc2-63e1e16084f8/latvia-health-insurance-services-veselibas-apdrosinasana-darbiniekiem) [Insurance services – procedura aperta sopra soglia europea, DA aggiudicarsi CON IL criterio dell’offerta economicamente PIÙ vantaggiosa sulla BASE del miglior rapporto qualità/prezzo, PER l’affidamento DEI servizi assicurativi del co.s.i.b. consorzio PER LO sviluppo industriale della valle del biferno. · C.U.C. Termoli · 32 days left · 20 Nov 2026](https://tendernation.io/opportunities/01a15183-0ff8-70a1-ab6b-c7e95948c759/italy-insurance-services-procedura-aperta-sopra-soglia-europea-da-aggiudica) [Insurance services – Acord-cadru servicii de asigurare · Publitrans 2000 S.A. · 35 days left · 23 Nov 2026](https://tendernation.io/opportunities/01a15183-92f2-7007-98bd-0105e866c3bc/romania-insurance-services-acord-cadru-servicii-de-asigurare)