Pent-up demand and flat reinsurance capital to drive ILS pricing: AM Best
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Pent-up demand and flat reinsurance capital to drive ILS pricing: AM Best

Liz Bury
06 September 2023
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ILS market pricing will remain hard going into the January 2024 renewal if heightened cedant demand for capacity is met with overall reinsurance capital levels that are relatively flat, AM Best has said in its latest ILS market segment report.

The insurance sector ratings firm added that the cat bond and collateralised re markets “could be met with pent-up demand” for reinsurance, from cedants unable to afford the limit they wanted at the January and/or July 2023 renewals.

While

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