Capital markets gains reinsurance influence
Tuesday, 05 22 2018, Category: Insurance and Reinsurance, Country: World
The capital markets are becoming increasingly influential in reinsurance, according to broker Aon Benfield, who recognises that the growth achieved by insurance-linked securities (ILS) specialists puts them on an ever more even footing with traditional reinsurers.
The steady growth of alternative capital has transformed the reinsurance landscape. In some areas of the market, ILS fund managers are already considered the leaders, a fact which is unlikely to be reversed anytime soon as growth continues, driving this influence higher.