At the Insurance & Reinsurance Legacy Association (IRLA) annual Congress event held in Brighton today, speakers highlighted the opportunity to innovate alongside the insurance-linked securities (ILS) market and sources of alternative capital, to provide solutions to aid in exit liquidity and support casualty ILS transactions.
At a media briefing held at the IRLA event, speakers discussed the growth of the legacy and retrospective reinsurance market, highlighting a continued shift towards capital-light models, and recent activity with alternative capital providers and ILS structures as a clear sign of evolution in the space.