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The ILS market is prepared to absorb a $40bn Hurricane Milton loss
A $40bn Milton loss should barely dent many ILS returns but will trap some capital.
Opinion
The shape of ILS Milton losses: Factors to watch
Collateralised reinsurance and retro are in the firing line.
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Category 3 Milton makes landfall near Siesta Key
10 October 2024 -
The shape of ILS Milton losses: Factors to watch
09 October 2024
Milton made landfall south of Tampa Bay at Category 3 on Wednesday night.
Most sources noted expectations of a $50bn+ event, but the range of outcomes is huge.
The class of 2023-24 cat bond funds will grow existing investors and add new ones.
Praedicat CEO Bob Reville outlined the firm’s approach to "casualty cat" as liability risk modeling continues to mature.
More News
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Hurricane Milton now a Category 4 storm: NHC
09 October 2024 -
NFIP on watch as Milton approaches
09 October 2024
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