"Building long-term sustainable relationships with clients founded upon partnership and understanding" - Shaun Brook, Practice Leader, Indurance Management
"Building long-term sustainable relationships with clients founded upon partnership and understanding" - Shaun Brook, Practice Leader, Indurance Management
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Sept 2011 The Review Gareth Arnold, Editior, The Review talks to Liz Frederick, Head of ILS, Kane about the current state of the ILS market and in particular the cat bond sector How would you summarise the current state of the ilS market, and in particular the cat bond market? Catastrophe bond issuances in the first half of the year were sluggish, with fewer bonds formed than expected. During this period, however, we also saw a marked increase in other alternative risk transfer structures, such as transformers, sidecars and collateralised reinsurance transactions. additionally, we have seen an increase in cat bond issuance during Q3, which leads us to believe that activity during Q4 issuances will be quite robust. |