ILS capital supply to remain ‘tepid for some time’: AM Best
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ILS capital supply to remain ‘tepid for some time’: AM Best

AM Best World map tech finance.jpg

Supply of ILS capital is likely to remain “tepid for some time” as concerns over climate change and the impacts of inflation have shifted market dynamics, AM Best wrote in its ILS market report.

The ratings agency said the renewal post-Hurricane Ian had brought “substantial” price hikes across the board, as it quoted the 27% increase in rate as of January 2023 over January 2022, according to Guy Carpenter’s Global Property Catastrophe Rate-On-Line...

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