Despite the fact that returns are lower than they once were investors remain keen to participate in insurance-linked securities (ILS), so issuance levels may get a boost from diversification in terms of new risks being securitised as well as from new legislation that may enable the issuance of ILS in the UK, Chi Hum, Guy Carpenter global head of ILS distribution, told Monte Carlo Today.
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Guy Carpenter, Chi Hum, ILS, Europe, UK, Monte Carlo Rendez-Vous 2016