SSREY - Alternative Capital Shrank On Collateralized Reinsurance Losses In Q1 2019: Aon
Alternative capital in the reinsurance market shrank by around 4% during the first quarter of 2019, largely driven by the payment of losses in the collateralized reinsurance space as well as some investor redemptions, according to Aon.
It's the first period where alternative capital deployed by insurance-linked securities (ILS) fund managers and collateralized reinsurance vehicles has contracted since 2008.
At the same time, traditional reinsurance markets expanded their capital base by an impressive 5%, to reach $512 billion at the end of Q1 2019, which was mainly driven by strong earnings and the launch of