HVRRY - Still Work For ILS Players To Do On Market Share In Japan Analysts Say
ILS funds and collateralised reinsurance markets have more work to do on gaining market share in Japan, according to analysts who say that relationships with traditional reinsurers continue to dominate there.
With the upcoming April 1st reinsurance renewals forecast to see price increases after the heavy catastrophe load suffered by Japan in 2018, it's certain that ILS and collateralized managers will be doing all they can to gain share if possible.
Analysts from JMP Securities recently visited Japan and toured the market to discuss conditions for the upcoming renewals.
They found that there is little