ILS capital grows 3.7% to $100bn amid 'responsive' 1.1 renewal
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ILS capital grows 3.7% to $100bn amid 'responsive' 1.1 renewal

Shelby Rosenberg
28 December 2023
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Guy Carpenter said overall reinsurance capacity ranged from "adequate to ample" in the 1.1 renewal, with its estimate of ILS growth coming in ahead of mid-year projections.

The reinsurance market for 1 January renewals reflects the increased availability of capacity and a commercial approach to trading partnerships, although with continued underwriting rigour, the broker continued.

Reinsurance

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