HVRRY - Clear Signs Of Momentum In ILS Market Pricing: Twelve Capital
Specialist insurance-linked securities ((ILS)) and reinsurance investment manager Twelve Capital said that there are "clear signs of momentum" in the ILS market, as pricing responds to the losses of the last two years.
Giving its outlook for 2019, Twelve Capital notes that pricing has responded at the reinsurance renewals and also noted that the spread widening in the catastrophe bond market provided opportunities.
Twelve Capital said that "Clear signs of momentum have been noted with new consideration given as to how natural catastrophe risk is priced in the wake of the two recent heavy loss