As the insurance-linked securities (ILS) market moves into a softer phase, Quentin Perrot, Managing Director at Marsh Securities, said during a recent AM Best webinar that while terms for catastrophe bonds may loosen next year, he does not foresee discipline in the asset class breaking.
Perrot made these remarks during rating agency AM Best’s recent ILS-focused webinar, moderated by Emmanuel Modu, Managing Director.
Panellists covered the broader ILS market, but the exchange on frequency risk focused on property catastrophe structures.
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