Brokers estimate that the industry loss warranty (ILW) market has expanded by a further $1bn-$1.5bn over the past year due to increasing demand following the 2010-11 cat losses and improved coverage terms.
Brokers estimate that the industry loss warranty (ILW) market has expanded by a further $1bn-$1.5bn over the past year due to increasing demand following the 2010-11 cat losses and improved coverage terms.