Growing the ILS pie

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.