Investors will increasingly benefit from intra-class diversification in ILS instruments.
Property cat ‘is a piece of ILS but certainly not the whole pie’.
There are solutions available and here new technology can prove its worth.
Other positive developments include a substantial amount of private market capacity.
As the fourth quarter beckons, the question now is ‘how might allocations to ILS change, if at all?’
Following the leadership transition Lohmann will focus on developing new business opportunities and strategic ventures.
Chris Schaper has been named new CEO of Validus Re, in addition to his role as CEO of AIG Re.
The executive will work closely with CEO Ken Pierce to build out its global platform.
The ILS investment manager has also added an experienced Swiss insurance and banking executive to its board.
COVID-19 has added even more uncertainty to the retro capacity conversation for 2021 renewals.