Recent cat losses could make ILS collateral more attractive


In the wake of recent US nat cat losses, the perceived value of insurance-linked securities (ILS) collateral over a rated “promise to pay” model will rise if reinsurers have failed to use modelling and retrocession to better manage their tail risks, according to Willis Towers Watson’s Q3 ILS market update.

Willis Towers Watson, ILS US nat cat losses, North America

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