Hannover Re expects ILS market of more than $100bn in 2022
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Hannover Re expects ILS market of more than $100bn in 2022

Hannover Re has said it expects volume in excess of $100bn for the ILS market this year, compared with around $95bn in 2021, with the carrier anticipating increased volume for catastrophe bonds and collateralised reinsurance.

The reinsurer noted that it transferred 11 cat bonds, with a record volume of $2.7bn, to its clients in the capital market in 2021.

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