The insurance-linked securities (ILS) market remains in a strong position, but expanding into international markets and less conventional perils will be critical for the market’s next stage of growth, according to executives at reinsurance broker Howden Re, who note that this expansion is vital both to unlock diversification benefits and to help close global protection gaps.
These insights were shared by Nena Atkinson, Associate Director of Strategic Advisory and Research, and David Flandro, Head of Industry Analysis and Strategic Advisory, at BNP Paribas Asset Management’s third annual ILS Seminar in Zurich.
The presentation primarily focused on the forces shaping the reinsurance market during the mid-year renewals and how the ILS sector integrates into it.
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