News Reinsurance08 Aug 2019

ILS market declines in Q2, says broker


The insurance-linked securities (ILS) market declined year on-year in Q22019 with just below $1.7bn of non-life ILS capacity issued through 11 CAT bonds, down from $6.2bn and $4.0bn in Q22017 and Q22018 respectively. That made the recent quarter the second-lowest Q2 for issuance by volume in the past eight years, except for 2016, according to the new ILS Market Update from Willis Re Securities, the reinsurance division of broker Willis Towers Watson.

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