The broker-dealer unit of the reinsurance broker expects cat bonds and ILS to continue growing
ILS an increasingly viable reinsurance alternative | | | ILS an increasingly viable reinsurance alternative, continued growth expected: Gallagher Securities  The insurance-linked securities (ILS) market is gaining ground as a viable reinsurance alternative, helped by reduced risk premiums, increased confidence in models, lower transaction costs and still-growing investor interest, leading Gallagher Securities to say it anticipates continued growth of the sector. The broker dealer and investment banking arm of reinsurance broker Gallagher Re said that insurance-linked securities (ILS), including catastrophe bonds, have now "evolved significantly since the early days of the market." "We expect the market will continue to grow as ILS are increasingly considered as an integral component of companies' risk transfer programs." Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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