Insurance-linked securities (ILS) capital is shaping reinsurance pricing in the upper-layers.
According to Mike van der Straaten, CEO of Antares Global, the year-end renewals will depend on hurricane season, potential capital trapping, and fresh inflows.
“As we approach the 1.1 renewals, market conditions are stable across all major regions, with similar dynamics evident globally and in the U.S. Pricing discipline remains intact, though the pace of firming has eased as capacity continues to return.”
Author's summary: ILS capital shapes upper-layer pricing.