ILS market poised for further growth as barriers to modern tech decline: Moody’s Brookes

With barriers to adoption of modern analytical methodologies and technological innovations lower than ever, Ben Brookes, Managing Director – Advisory Services, Moody’s Insurance Solutions, has observed that the insurance-linked securities (ILS) industry is at a “pivotal moment”, poised to become stronger, more adaptable, and primed for growth.

In a recent report on the market outlook, Brookes emphasised the substantial growth potential of the ILS industry, driven by increasing global demand for financial protection.

However, the report also notes that adopting new technologies is essential for the market to achieve this growth.

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