Trading Risk October 2019

ILS investors are unlikely to foot much of the bill from Hurricane Dorian due to the market’s low exposure to Caribbean business, according to sources.

Ratings agencies remain positive on reinsurers boosting their use of retrocession to grow, despite this year’s capacity crunch in the retro segment.

The ILS market’s shift toward lower-attaching risk in the past decade meant it had much higher exposures to the 2017/18 losses than to the last active hurricane season in 2004/05.

The major continental reinsurers are looking to continue strengthening their US positions in reaction to the 2019 price increases.

People moves in the ILS market: Lodgepine Capital, Halsband, Hyperion, Guy Carpenter and more