ILS investors must not be complacent due to "benign cat environment": Arch Capital chief

Arch Capital Group Ltd. chief executive Constantine Iordanou has said that investors in insurance-linked securities, catastrophe bonds and other catastrophe risk investments must not get complacent due to the "benign cat environment" of recent years, reported Artemis.bm.

Mr. Iordanou said that "in this risky business you can only know how well you've done when 30 or 40 years go by." Mr. Iordanou added that "when there are no losses, people enjoy returns and sometimes they forget what risk they take."

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