ILS market powers forwards

30-08-2018

ILS market powers forwards

iStock.com / Taiga

Despite a string of disasters the ILS market continues to grow. Intelligent ILS talks to Dominic Wheatley of Guernsey Finance.

A spate of natural catastrophe disasters in 2017 has done little to halt interest in Guernsey’s insurance-linked securities (ILS) market.

Disasters striking North America last year including wildfires, severe weather, tornadoes and hurricanes Harvey, Irma and Maria, are estimated to have cost more than £300 billion ($388 billion).

The ILS industry in Guernsey is seeing significantly increased business flows for the year to date in 2017, a year when its industry saw overall net growth of 2.2 percent and top line growth of 10 percent.


Guernsey, market, Dominic, Wheatley, reinsurance, ILS, London, Bermuda

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