August can be a slow month for the insurance-linked securities (ILS) sector, but as we break into September it’s business as usual, as Paul Schultz, CEO at Aon Benfield Securities tells Intelligent ILS.
Seasonally August is a slow month in ILS sector, with few transactions coming to market, and this August has been no exception.
However, as the industry arrives in Monte Carlo for the annual Rendez-Vous de Septembre (RVS), the market’s activity is starting to hot up again.
“August is typically a slow month, and 2014 was no exception, but moving forward the market is now really focused on getting back to new deals and we’ve seen good capital inflows to support new primary issuance.
Aon Benfield Securities, Paul Schultz, ILS, Cat bonds