Analysts say reinsurance is back at 2023 price levels, but cat bonds seem back a bit further at this time
On cat bond pricing front-running reinsurance | | | Reinsurance pricing back at 2023 levels, says JPM. Cat bonds may be back at 2022 Analysts at J.P. Morgan believe that reinsurance pricing has reverted back to 2023 levels, which was the beginning of recent market hardening. Data suggests the catastrophe bond market has softened a little more, or ahead of the traditional market's pace, being closer to 2022 levels at this time. One of the features of the capital markets activity in reinsurance is that sometimes ILS instruments soften earlier, or faster, than traditional reinsurance and retrocession. Which raises the question again of whether traditional reinsurers should be more prepared to lean in to the efficiency of the capital markets and leverage the appetite of cat bond and ILS investors to their benefit, rather than compete against it? Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it. If you've been forwarded this but want to subscribe, visit Artemis. | | | | | | You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here . © Steve Evans Ltd. - Artemis.bm | | | |
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