According to Gallagher Securities, the specialist insurance-linked securities (ILS) and investment banking arm of reinsurance broker Gallagher Re, the future of the cyber ILS market is not a question of growth, but rather how quickly the market can evolve to meet evolving opportunities and challenges.
As the cyber ILS market continues to expand, with a wide range of products designed to meet the needs of sponsors and investors, Gallagher Securities claims that while existing instruments such as 144A cat bonds remain foundational, “the development of new solutions is expected to play a critical role in supporting the cyber market’s future growth.”
In their latest whitepaper, Gallagher Securities explains that as the cyber reinsurance and insurance market continues to grow, concurrently, so will demand for cyber ILS, attracting further offerings from new and existing participants.
FULL ORIGINAL PUBLICATION HERE
