Almost every client within the Southeast is going to have some form of collateralized or ILS markets on their traditional program
Cat bond adoption rising: Gallagher Re's Schwebach
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Rule 144A cat bonds reach 80% adoption as Southeast inverts historical market norms: Gallagher Re’s Schwebach
 Property catastrophe reinsurance programs in Southeast US states have undergone a fundamental shift. Far from a supplementary capital pool, the Rule 144A catastrophe bond market has evolved into a fundamental element of regional risk placement, an integration that has inverted historical market norms over the last five years, according to Adam Schwebach, Head of Property, North America at Gallagher Re.
“It’s actually getting to the point where it’s a much smaller list of people that aren’t utilising a cat bond or the ILS market in some way, shape, or form,” Schwebach said. “Almost every client within the Southeast is going to have some form of collateralized or ILS markets on their traditional program."
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