Catastrophes wear out ILS investors

By Jasper Cox
03 Jan 2019

A year and a half of costly insurance losses from the disasters such as the 2017 US hurricanes and last year’s wildfires in California are grinding down investors in catastrophe bonds and other insurance-linked securities. That raises questions over the direction of a market that has experienced consistent growth up to now, writes Jasper Cox.

The weaker sentiment has been demonstrated by a more cautious attitude to this year’s January renewals, where insurance firms reinsure the risk on their balance sheets, and by a fall in the value of funds that buy cat bonds.

Cat bonds, and the broader ILS asset class of ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.