ILS market reports record Q1 issuance

31-05-2018

ILS market reports record Q1 issuance

iStock.com / srdjanpav

The first quarter of 2018 has seen record levels of growth in the ILS market. Intelligent ILS investigates.

The insurance-linked securities (ILS) market saw record levels of growth in the first three months of 2018, according to two new reports on the market from Aon Securities and Willis Towers Watson.

Aon Securities’ Insurance-Linked Securities Q1 2018 Update points out that the first quarter of 2018 was marked by record issuance volumes, new entrants to the market, and strong support from investors. Aon said that the $3.58 billion of catastrophe bonds placed represented the highest ever first quarter issuance tally, and far exceeded the 2016 and 2017 first quarter issuance volumes, which were each approximately $2.2 billion.

Aon Securities said that as the ILS market digested the implications from 2017 loss-causing events, catastrophe bonds continued to demonstrate value both to sponsors and investors alike, and there remained strong demand for issuance on both sides.


ILS, Q1, 2018, Willis Towers Watson, Aon securities, record, issuance

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