PGGM: ILS rates must come up 'tremendously' to give investors more buffer
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PGGM: ILS rates must come up 'tremendously' to give investors more buffer

Fiona Robertson
14 October 2022
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PGGM senior investment manager Eveline Takken-Somers described the 2023 market opportunity as more attractive for ILS investors but said during a panel debate at the Convergence conference in Bermuda that “tremendous” rate increases are needed.

The firm will persist in the asset class after Hurricane Ian and the phase of low-yield years since 2017.

But

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