The alternative capital markets, so insurance-linked securities (ILS) funds, ILS investors and other third-party capital sources, have played an important role at a mid-year reinsurance renewal that saw demand increase in a capacity constrained marketplace.
Aon’s Reinsurance Solutions team explained that demand for reinsurance increased at the June and July renewal season.
The broker estimates that an additional $5 billion plus in reinsurance limit was sought by insurers at the June and July renewals.
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