An "awful lot" of trapped ILS capital may turn out to be lost capital as 2017 claims evolve, chief underwriting officer at QBE Re Jonathan Parry said during a panel debate at Trading Risk's London ILS event last week.
The Prudential Regulation Authority has been praised for its efficiency in approving the first transaction to be launched under the UK’s new ILS regime.
MS Amlin wrote £62.9mn of gross premium for Leadenhall Capital Partners through its Lloyd's syndicate 2001 in 2017, which was up by 44 percent year-on-year.
