Trapped ILS capital and severe cat losses creating retro market dislocations, warns AM Best

27-08-2020

Severe catastrophe losses and the resulting trapped capital have created dislocation in the retrocession market, with the COVID-19 pandemic adding even more uncertainty for 2021 renewals, according to a new report by AM Best.


AM Best, ILS market, Retrocession, Catastrophe losses, Capacity, Renewals, Insurance, Reinsurance, Global

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