The long road to ILS for London

Interest in insurance-linked securities (ILS) has been ramping up for some time and a quick look at the size of the market explains why. The participation of the capital markets and institutional investors in the insurance and reinsurance markets continued to grow in 2015, with insurance-linked investor inflows exceeding outflows, taking dedicated ILS capital to $70 billion for the first time, according to a recent report by Willis.