Aon has estimated that ILS capital grew by 2% in the first quarter to reach $96bn as of 31 March, up by $4bn over the past three quarters and more than offsetting its 2020 decline.
The broker had put ILS capital down by 2% over the course of 2020.
These results are in line with the trend covered in Trading Risk’s data on assets under management, which showed ILS specialistsrecouping their pandemic decline by...
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