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Record Q3 ILS issuance as trigger preferences evolve

A record-high $1.6 billion of non-life Insurance-Linked Securities (ILS) capacity was issued in Q3, 2018, highlighting the continued enthusiasm for ILS amongst issuers and investors. The total exceeds the former Q3 record of $1.4 billion achieved in 2013, and is well ahead of the five-year average of $800 million, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis Towers Watson, the leading global advisory, broking and solutions company.

Evolution of Insurance-Linked Securities as an established asset class continues its momentum while facing next stage of development

End investors, Insurance-Linked Securities (ILS) funds, and buyers – the three groups active in ILS – have predominantly weathered 2017 loss activity with a view that reinsurance products backed by ‘alternative’ capital have become mainstream, according to a new Global ILS Market Survey by Willis Towers Watson (NASDAQ: WLTW), the global advisory, broking and solutions company.