Insight and Intelligence on the London & International Insurance Markets 22 Jan 2018
Alternative capital down $7bn post-HIM: Aon Benfield
- 9 January 2018
Alternative capital dropped $7bn at the end of September following the HIM losses, Aon Benfield has said in its latest Reinsurance Market Outlook.
This represented an 8 percent loss of the $89bn alternative capital in place ahead of the 2017 hurricanes.
But the 30 September figure may not fully reflect the extent of the losses, the broker said.
While Aon Benfield did not specify how much capital had been raised following the events, it did state that the excess of...
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