InsurTech initiatives that help compress the (re)insurance risk transfer value chain could give ILS players more access to consumer lines markets, according to Matt Streisfeld, a principal at investment fund Oak HC/FT.
The ILS market could be on track to take 20 to 30 percent of the roughly $100bn industry losses anticipated from hurricanes Harvey, Irma and Maria, according to CEO of Horseshoe Group Andre Perez.
Fitch Ratings has withdrawn ratings for three tranches of the International Bank for Reconstruction and Development (IBRD) Mexican cat bond, after incorrectly assessing the securities