In 2023, the insurance linked securities (ILS) market has learned from the recent natural disasters and perils that have affected its profitability. However, the current economic cycle with high inflation and interest rate hikes from central banks is still an impeding factor, said Sean Egan, Chief Executive Officer, Egan-Jones Ratings.
Egan was speaking at the ‘Risk Mitigation with Insurance Linked Securities: 2023 Outlook for Institutional Investors’ roundtable, hosted by Clear Path Analysis, in association with Tangency Capital, which has just been released as a report. In it, ILS experts from Risk Management Solutions (RMS), Albourne Partners, and Columbia Threadneedle Investments joined him in discussing what they have learned from a volatile 2022 – and how these lessons are relevant to the future of ILS.
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