There is a widely held conviction that ILS money ruined the cat reinsurance market.
ILS came of age as an asset class in 2012/13, undercutting the traditional market and forcing reinsurers to respond with huge rate concessions.
There is a widely held conviction that ILS money ruined the cat reinsurance market.
ILS came of age as an asset class in 2012/13, undercutting the traditional market and forcing reinsurers to respond with huge rate concessions.