-
The broker anticipates strengthening investor demand for collateralised re. -
Investment in the space comes mainly from the cat bond market, Gallagher Re said.
-
Over-subscriptions have been evident on well-priced US cat treaties.
-
The Bermuda based entity is expected to continue on its “responsible growth trajectory”.
-
Increased reinsurance capacity was more than sufficient to meet continued growth in global demand.
-
The firm has commenced writing collateralised retro and reinsurance but its rated launch is still pending.
-
First-time sponsor QBE secured $250mn of quake and storm coverage.
-
The broker estimated ILS capital has reached $107bn.
-
The UCITS cat bond segment has added 54% in AuM since Hurricane Ian.
-
Some $1.2bn of limit was placed in the cat bond market this week.
-
Casualty ILS made inroads, while hurricane hedging strategies came into focus.
-
The $600mn fund could allocate up to 10% of assets to cat bonds from 2025.
