The insurance linked securities (ILS) market owes its rapid growth to rock-bottom interest rates in the US, and faces a slowdown once borrowing costs rise again, according to Denis Kessler, chief executive of French reinsurer Scor.
The insurance linked securities (ILS) market owes its rapid growth to rock-bottom interest rates in the US, and faces a slowdown once borrowing costs rise again, according to Denis Kessler, chief executive of French reinsurer Scor.