ILS plays a key role in allowing catastrophe risk to be transferred from the commercial insurance market to investors, providing additional (re)insurance capacity
According to Artemis, catastrophe bond and related insurance-linked securities (ILS) in Q4 2022 issuance fell when compared with the prior year quarter
Investors in ILS are seeking innovation—they may find it in Africa where a combination of transnational bodies, better data and a desire to structure improved disaster relief