Insight and Intelligence on the London & International Insurance Markets 18 Mar 2018
ILS managers decrease Q3 2017 loss estimates
- 23 January 2018
Insurance-linked securities (ILS) managers have reduced their estimates of losses taken from the August and September hurricanes, according to the Eurekahedge ILS Advisers Index.
The index initially showed an average drop of 0.34 percent in August and 9.04 percent in September following the major storms.
However, this has been reduced to losses of 0.31 percent and 8.61 percent respectively.
This comes as general industry expectations of the third quarter losses have narrowed to a $60bn-$80bn range, from initial projections as...
- If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
- Login Free trial