ILS market growth should not be at the expense of discipline, S&P warns
Thursday, 08 20 2015, Category: Insurance and Reinsurance, Country: World
Continued and future growth of the insurance-linked securities (ILS), catastrophe bond and alternative reinsurance capital market should not come at the expense of discipline, warns rating agency Standard & Poor’s.
The rating agency said in a new report that it expects the alternative capital and ILS market will continue to grow, as third-party investors increasingly look to the returns of the reinsurance market as a valued asset class.
Even if not growing at the rapid rate seen in recent years, S&P says that it expects that given the ease and efficiency with which capital can flow into the reinsurance market now and while major catastrophe losses remain absent from t