ILS managers grapple with ‘surprise’ $5bn PCS Milton loss pick
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
  • Free trial
  • Log in
All Topics
Industry topics
Claims and losses
Catastrophe losses

ILS managers grapple with ‘surprise’ $5bn PCS Milton loss pick

The low PCS number is presenting a challenge for ILW buyers and sellers.

By Liz Bury
November 04, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
hurricane ils.png

The ILS industry was “surprised” by PCS coming out with a $5bn industry loss for Hurricane Milton, according to multiple sources, with managers head-scratching over how to bridge the gap between PCS and their in-house assumptions and modelled numbers.

The...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Analysis Retrocession ILS managers ILS investors ILWs Catastrophe bonds Florida ILS Hurricane Catastrophe losses Property
Gift this article