Growing the ILS pie

22-10-2015

Growing the ILS pie

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As the ILS market continues to grow, an increasing number of innovative products are finding their way to the market. Bill Dubinsky, Head of ILS at Willis Capital Markets & Advisory, looks at current market trends and the Azzurro Re I catastrophe bond.

The need for continued innovation within the re/insurance industry and the positive efforts around growth were a major theme at Monte Carlo this year - how to meet the challenge of underinsurance and ways to help insurers better tackle emerging exposure areas such as cyber and catastrophe liability were prominent among the topics of discussion.That the industry is at an inflection point for growth is as true for the insurance-linked securities (ILS) markets as it is for re/insurers.

Despite the continued soft market, investor appetite for insurance risk remains strong. Although we’ve seen net new capital come into the re/insurance arena during 2015 at a lower rate than in previous years, with continued downward pressure on reinsurance rates, investor money will continue to flow into the market. Pension funds, sovereign wealth funds and other intuitional investors are still very attracted to the diversification that insurance risk offers.

Broadening the scope


ILS, Monte Carlo, Insurance, Types of insurance, Disaster Accident, Reinsurance, Business Finance, Japan, Turkey, United States, Italy, Austria, Slovenia

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