-
The broker’s report also hailed the best risk-adjusted margins for ILS investors in a decade. -
Competition for remote risk deals intensified as more capital has targeted the swathe of business that has historically been the heartland of ILS.
-
The broker’s 1st View report predicted that cat bond issuance should remain elevated until at least Q2 2024.
-
Reinsurers are making some adjustments to secure target signings but appetite to grow is finely balanced.
-
Projected 2024 ILS returns remain historically high, but signs of increased appetite for top-layer cat risk and top-end retro raise questions over how long this will last.
-
The TWIA board has fired the starting gun on the process to place its reinsurance programme incepting June 2024.
-
The P&C Re CEO discussed Swiss Re’s P&C appetite and nat cat exposure in the investor presentation.
-
The ILS sector grew in the context of 0% interest rates historically.
-
Demand is expected to boost the ILS market growth.
-
ILS capacity in the form of retained earnings and new inflows is shaping up to meet growing demand for reinsurance and retro coverage.
-
The supply-demand dynamics are all pointing in ILS markets’ favour, so long as hurricane season goes quietly.
-
Total reinsurance capital will climb to $560bn, ahead of last year but behind the 2021 peak of $570bn.
