How Milton’s landfall south of Tampa will shape the ILS market
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How Milton’s landfall south of Tampa will shape the ILS market

Hurricane Milton will show the ILS product behaving as investors expect it to.

By Liz Bury
October 14, 2024
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A high rise construction crane broke apart and crashed into the building across the street during Hurricane Milton on Thursday, Oct. 10, 2024, in St. Petersburg, Fla. (AP Photo/Mike Carlson)

After days of obsessively refreshing Hurricane Milton’s progress on weather-watching apps, ILS market participants were breathing a little more easily on Thursday morning after the storm tracked south, making landfall around 60 miles south of Tampa in Siesta Key,...

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Topics

Analysis ILS managers Reinsurance Retrocession Property treaty Sidecars SPACs ILWs Catastrophe bonds
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