HVRRF - Around 20% Of 2018 ILS Capacity Remains Trapped: A.M. Best
As much as 20% of the total insurance-linked securities ((ILS)) and third-party reinsurance capital that was deployed for the 2018 underwriting year remains trapped in funds and other structures following the impacts of losses, according to A.M. Best.
This is expected to be a key driver for profitability moving forwards through the year, perhaps providing the stimulus for rate increases at the upcoming April, June and July renewals.
A.M. Best highlights the importance of freeing this capital up for ILS funds as they trade into 2019 and beyond in a recent report.
Of course, many