ILS ‘reverting to complement not compete’ with reinsurance: Swiss Re’s Rüede
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ILS ‘reverting to complement not compete’ with reinsurance: Swiss Re’s Rüede

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ILS markets are now “reverting to being more complementary, rather than competing with, the reinsurance industry,” Swiss Re Alternative Capital Partners (ACP) CEO Philipp Rüede said on the group’s investor day call.

It came as ACP revealed that assets under management (AuM) had reached $3.3bn, and fee income hit $174mn, as of 30 September.

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