ILW rates drop 10%-15% year on year as mid-year retro market shifts gear
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ILW rates drop 10%-15% year on year as mid-year retro market shifts gear

Alex Frampton, 
Fiona Robertson
01 June 2021
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Rates on line for industry loss warranty (ILW) contracts have come down by an average of 10%-15% year on year, as the broader retro market begins to stabilise, according to sources.

Higher attaching ILW products were the worst affected by softening rates, with several brokers saying triggers in excess of $20bn had been hit the hardest.

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Alex Frampton
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