Hiscox does not expect meaningful capital to enter ILS market
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Hiscox does not expect meaningful capital to enter ILS market

Hiscox logo fundraise finance.jpg

Hiscox does not expect any meaningful capital to enter the insurance linked securities (ILS) space in 2024, CFO Paul Cooper said on an earnings call.

Any capital entering the space will come into cat bonds, Cooper added.

“In a market where we have demonstrated rate increases of 30%+, tightened terms and conditions, and ILS performance against that background, there doesn’t seem to be any meaningful...

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