ILS Market

ILS Market are products of the rapid development of financial innovation and the convergence of the insurance industry and the capital markets. The securitization model has been employed by insurers eager to transfer risk and use new sources of capital market funding.

The market for insurance-linked securities emerged in the mid-1990’s as a mechanism for insurance and reinsurance companies to access the deepest and most liquid pool of capital available, the global capital markets.

Now an established alternative asset class, insurance-linked securities (ILS) are typically invested in by large institutional investors such as pension funds, sovereign wealth funds, multi-asset investment firms and funds, endowments, as well as some family office investors.

ILS strategies typically invest in one or more insurance-linked instruments, including but not limited to securities (e.g. cat bonds), private reinsurance transactions with insurance and reinsurance companies (ILS private transactions) or portfolios of reinsurance contracts (e.g. quota shares).

In this section, we have collected the most current articles and reviews on the topic of the ILS Market.