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1h and an MSc in Physics from ETH Zurich.",bioDE:"Raffaele ist Partner bei Icosa Investments und arbeitet im Investmentprozess von Icosa eng mit Florian zusammen. Er stiess 2026 mit mehr als 15 Jahren Erfahrung im Portfoliomanagement von Insurance-Linked Securities und Cat Bonds zum Unternehmen und verantwortete dabei gemeinsam mit seinen Teams Vermögen von über USD 3 Milliarden. Zu seinen Stationen zählen Führungsrollen als Managing Director und Head of ILS Research bei Cambridge Associates, Partner und Head of ILS bei SIGLO Capital Advisors, Leiter der Private-ILS-Strategie bei Twelve Capital sowie Portfoliomanager von Cat-Bond-Strategien bei Schroders. Raffaele promovierte in Physik an der Universität Zürich und hält einen MSc in Physik der ETH Zürich."}],h={EN:{team:"Team",teamTitle:"Executive team and partners",teamLead:"Icosa Investments is built on the quality of its people. 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Data is evidence.",titleDE:"Modelle sind Meinungen. Daten sind Evidenz.",body:"A model is one view of the world. We strive to test assumptions against observed data and other analyses before we rely on them.",bodyDE:"Ein Modell ist eine Sicht auf die Welt. Wir sind bestrebt, Annahmen an beobachteten Daten und weiteren Analysen zu prüfen, bevor wir uns auf sie stützen."},{title:"Science is a method, not a label.",titleDE:"Wissenschaft ist eine Methode, kein Etikett.",body:"We state hypotheses, document our methods and compare them with outcomes. When the evidence changes, we change our view.",bodyDE:"Wir formulieren Hypothesen, dokumentieren unsere Methoden und vergleichen sie mit den Ergebnissen. Ändert sich die Evidenz, ändern wir unsere Sicht."},{title:"Understand the risk before the return.",titleDE:"Erst das Risiko verstehen, dann die Rendite.",body:"We start from what can go wrong, how likely it is and what it would cost. The yield on offer is the last question, not the first.",bodyDE:"Wir beginnen mit der Frage, was schiefgehen kann, wie wahrscheinlich es ist und was es kosten würde. Die gebotene Rendite ist die letzte Frage, nicht die erste."},{title:"Discipline over volume.",titleDE:"Disziplin vor Volumen.",body:"We would rather pass on a transaction than stretch our standards to fill a portfolio.",bodyDE:"Wir verzichten lieber auf eine Transaktion, als unsere Standards zu dehnen, um ein Portfolio zu füllen."},{title:"Say what we do. Do what we say.",titleDE:"Sagen, was wir tun. Tun, was wir sagen.",body:"Plain language, clear reporting and as few black boxes as possible, for investors, regulators and our own team.",bodyDE:"Klare Sprache, transparente Berichterstattung und möglichst wenige Blackboxes, für Investoren, Aufsicht und unser eigenes Team."},{title:"Our own judgement.",titleDE:"Ein eigenes Urteil.",body:"Data is the basis of our assessment. Whatever its source, making sense of it and reaching a conclusion is always our own judgement.",bodyDE:"Daten sind die Grundlage unserer Einschätzung. Unabhängig von ihrer Quelle ist es immer unser eigenes Urteil, sie einzuordnen und daraus Schlüsse zu ziehen."}];function S(){let{lang:e}=(0,i.useLang)(),n="DE"===e;return(0,t.jsxs)("div",{id:"florian-steiger",className:"grid scroll-mt-24 gap-10 lg:grid-cols-[minmax(0,16rem)_1fr] lg:gap-14",children:[(0,t.jsxs)("figure",{className:"max-w-[16rem]",children:[(0,t.jsx)("div",{className:"relative aspect-[4/5] overflow-hidden rounded-[4px] bg-[var(--surface)]",children:(0,t.jsx)(d.default,{src:"/company/florian-steiger.jpg",alt:"Florian Steiger",fill:!0,sizes:"256px",quality:90,className:"object-cover"})}),(0,t.jsxs)("figcaption",{className:"mt-4",children:[(0,t.jsx)("p",{className:"text-sm font-semibold text-foreground",children:"Florian Steiger"}),(0,t.jsx)("p",{className:"text-xs text-[var(--muted)]",children:n?"Gründer und CEO":"Founder and CEO"})]})]}),(0,t.jsxs)("div",{children:[(0,t.jsx)("blockquote",{className:"text-2xl font-semibold leading-[1.15] tracking-[-0.02em] text-foreground sm:text-[2.2rem]",children:n?"«Wo Risiken komplex sind, machen die Qualität der Daten und die Sorgfalt der Analyse den Unterschied.»":"“Where risk is complex, the quality of the data and the rigour of the analysis make the difference.”"}),(0,t.jsx)("div",{className:"mt-8 max-w-2xl space-y-5 text-base leading-8 text-[var(--muted)]",children:(n?["Ich habe meine Laufbahn in Märkten verbracht, in denen Risiken schwer zu messen sind: von Structured Credit und Alternative Fixed Income bis zu Katastrophenrisiken. Eine Erfahrung hat sich dabei immer wieder bestätigt: Robuste Entscheide entstehen meist dort, wo verlässliche Daten, überprüfbare Modelle und ein disziplinierter Prozess zusammenkommen.","Ich habe Icosa Investments 2023 gegründet, um ein Unternehmen rund um diese Arbeitsweise aufzubauen, das Daten, Research und Menschen zusammenbringt, die diese Haltung teilen. Mit Icosa Intelligence, unserer eigenen Analyseplattform, verbinden wir Marktdaten, wissenschaftliche Methoden und die Erfahrung unseres Teams. Wir sind überzeugt, dass dieser Ansatz zu besser informierten Anlageentscheiden führt, und wir behandeln das Vertrauen der Investoren und Partner, mit denen wir zusammenarbeiten, als eines unserer wichtigsten Güter.","Unser Name geht auf das Ikosaeder zurück, die Geometrie hinter unserer Netzwerk-Sphäre: viele Punkte, miteinander verbunden, die etwas Robustes bilden. So denken wir über unser Team, unsere Daten und unsere Beziehungen."]:["I have spent my career in markets where risk is hard to measure, from structured credit and alternative fixed income to catastrophe risk. One lesson has held throughout: robust decisions tend to be made where reliable data, testable models and a disciplined process come together.","I foun
1ded Icosa Investments in 2023 to build a company around this way of working, one that brings together data, research and people who share this mindset. With Icosa Intelligence, our proprietary analytics platform, we combine market data, scientific methods and the experience of our team. We believe this approach leads to better-informed investment decisions, and we treat the trust of the investors and partners we work with as one of our most important assets.","Our name comes from the icosahedron, the geometry behind our network sphere: many points, connected, forming something robust. 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Laufend entstehen neue Werkzeuge und Methoden zur Analyse grosser Datenmengen, und wir wollen offen für sie bleiben."},{word:"Science.",title:"Curiosity as a discipline",titleDE:"Neugier als Disziplin",body:"We want to stay curious, about markets, about risk and about the limits of our own understanding. Good science lives from debate and from challenging established views. We try to apply that mindset wherever it helps us see more clearly, and we are prepared to be proven wrong.",bodyDE:"Wir wollen neugierig bleiben: auf Märkte, auf Risiken und auf die Grenzen unseres eigenen Verständnisses. Gute Wissenschaft lebt von der Debatte und davon, etablierte Sichtweisen zu hinterfragen. 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