Excluding wildfire risks will hinder ILS market growth: Aon’s Pennay
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Excluding wildfire risks will hinder ILS market growth: Aon’s Pennay

Richard Pennay also addressed the dip in cyber ILS activity.

By Rebecca Perkins
May 02, 2025
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The ILS market risks stalling its growth trajectory if it continues to shy away from covering high-frequency, high-severity perils such as wildfires, according to Aon Securities CEO Richard Pennay.

Pennay

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Topics

Catastrophe losses News Property treaty Cyber ILS investors ILS managers Catastrophe bonds UK and Europe California
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