As the insurance-linked securities (ILS) market persistently acts as a moderating force, helping to create a more managed reinsurance cycle, PwC expects deeper integration and greater alignment of interests between alternative capital and rated balance sheets, according to Arthur Wightman, Territory Leader of PwC Bermuda.
At PwC Bermuda’s offices in Hamilton, Bermuda, Artemis spoke with Wightman about the evolution of the relationship between ILS and rated balance sheets.
“ILS penetration in Bermuda is now well over a decade old, and has really helped to transition to a more managed cycle, as opposed to sharply cyclical. And that’s a good thing,” said Wightman.
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