TPRE - Trapped ILS Capital Falls Slightly Overall Reinsurance Capital Rises: Hyperion X
The amount of insurance-linked securities ((ILS)) capital and collateral that is still trapped after recent catastrophe loss years has fallen only slightly, as some cat bond collateral in particular was released but fresh collateralised reinsurance and retro collateral was trapped by 2019 loss events.
At the same time, overall global reinsurance capital is seen to have increased slightly, with traditional sources responding to demand for coverage and rising market premiums.
This is according to estimations made by Hyperion X, the data and technology focused unit of the global Hyperion Insurance Group that includes RKH Reinsurance