ILS market could see a bumper 2017, claims Schultz


ILS market could see a bumper 2017, claims Schultz

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The insurance-linked securities (ILS) market is well placed for growth as it ends the first month of the New Year, according to Paul Schultz, CEO of Aon Securities.

This is despite the fact that ILS issuance for 2016 as a whole was down on the total amount of issuance for 2015, although it did see a rebound in the last half of the year when compared to the rather quiet first half.

“The third and fourth quarters of 2016, which saw some large transactions, set up the end of the year and in a sense also set upcreated momentum that will be carried into 2017.  in a positive way, in terms of investorInvestors have demonstrated a renewed appetite for new bonds and for the way that they’reand that is evident in the both the pricing and capacity being offered to the market those bonds,” Schultz told Intelligent ILS.

“I think that we’ve now seen a price shift, where I think thatin which the capital markets are slightly more competitive than other capacities at the moment and I think that we will see that clients are receptive to that messaging.

Aon Securities, Schultz, bonds, insurance-linked, securities, ILS, 2017

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