12/6/2018 5:29:00 AM

Source: Business Insurance

Swiss consultancy firm Secquaero Advisors Ltd. said that the insurance-linked securities sector is likely to face challenges following large catastrophe losses in 2017 and this year along with low returns, Artemis.bm reports. Dirk Lohmann, chairman of Secquaero Advisors, said that several ILS players may not offer new capacity at the upcoming January 2019 renewals. Mr. Lohmann said that aggregate reinsurance capacity is unlikely to grow in the near term unless reinsurance rates increase during the renewals.