Property catastrophe business to continue to drive ILS: Willis

11/26/2018 5:04:00 AM

Source: Business Insurance

A report by U.K.-based reinsurance broker Willis Towers Watson P.L.C. said that the insurance-linked securities sector worldwide expects continued growth in the property catastrophe business, reports. The report found that ILS players are also considering opportunities in cyber risk followed by marine and terror risks for future growth. Nearly 75% of ILS funds believe that investors would support growth in other risk categories such as cyber, marine, aviation and satellites.