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


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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