Investor allocations to the ILS sector could increase in 2018 after capacity was quickly replenished following last year's losses, JLT Re said today in its Reinsurance Market Perspective report.
Any rate increases on the US P&C primary insurance market this year are likely to be sub-par owing to excess capital continuing to undermine underwriting discipline, S&P Global Ratings has said.
Aon Benfield's estimate of insured losses from hurricanes Harvey, Irma and Maria (HIM) has come in at $80bn, below the $92bn-$93bn forecasts from Munich Re and Swiss Re released several weeks ago
