December 30, 2025
As of December 26, 2025, the reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 401.1%
As of December 26, 2025, the reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 401.1%
The trailing twelve month spreads over the S&P500 of the three reputation-linked indices comprising RepuStars Variety Corporate Reputation Composite Equity Index family range from 2.43% to 20.67%. The spread between the two reputation-based price-only indices, REPUVAR and REPUSPX, is 15.68%. All three indices are outperforming the S&P500. Over its lifetime, the reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 380.09%
All three reputation arbitrage indices informed by Steel City Re’s reputation value metrics are outperforming the S&P500 this calendar year. The trailing twelve month spreads over the S&P500 of the three reputation-linked indices comprising RepuStars Variety Corporate Reputation Composite Equity Index family range from -3.18% to 22.7%. The spread between the two reputation-based price-only indices, REPUVAR and REPUSPX, is 23.34%.
Podcast: Target’s stock price drop suit calling for a board refreshment convinces directors to mitigate humiliation risk with reputation insurance.
The spreads since inception of RepuSPX, RepuVAR, and RepuVART (Total returns) are 330.46%, 201.48% and 521.11% greater that returns of the S&P500, respectively.
The reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 333.42%
Steel City Re is the world’s only provider of parametric reputation insurance offerings, leveraging a reputational value index that delivers more stable and higher returns for reinsurers and insurance-linked securities (ILS) investors, according to co-founder and CEO Nir Kossovsky. […] “So, sustained loss ratios: stable returns, higher returns, and IP-protected extended returns over years,” explained Kossovsky.
Moral hazard has stalled progress in reputation risk insurance, but parametric solutions could help insurers meet growing demand and seize new opportunities. […] The global reputation crisis can help carriers appreciate how parametric technology can accelerate solutions for emerging risks.
An industry that is using parametric technology to insure losses from natural disasters caused by wrathful deities can now also provide meaningful insurance for losses from reputation disasters caused by emotional mortals. The 4-M parametric framework of metric, model, monitor and market for natural earthquakes disclosed at the 2023 Hawaii Captives Insurance Conference makes parametric insurance for metaphorical earthquakes easy to back, underwrite, broker and bind.