ILS market to near $100 billion in 2018
Thursday, 10 18 2018, Category: Insurance and Reinsurance, Country: World
By the end 2018 the market for insurance-linked securities (ILS) is expected to reach a total volume of close to $100 billion, according to Hannover Re.
As much as two thirds of that amount will come from collateralised reinsurance, which consists of private contracts between cedants and investors that are backed by collateral held in trust, the company said.
Source: Intelligent Insurer