While the London insurance and reinsurance market has been growing it is being outpaced by other markets and insurance-linked securities (ILS) is again highlighted as an area of opportunity where results have lagged ambitions and there remains work to do, the London Market Group’s latest report makes clear.
While London and the United Kingdom spent an enormous amount of time, effort and cost in producing an insurance-linked securities (ILS) regulatory regime, the amount of activity seen has not lived up to expectations.
With the London insurance and reinsurance market still seen as world-leading, in specialty, reinsurance and many lines of business, it seems the inability to grasp the ILS opportunity is still bugging executives and industry leaders.
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