Catastrophe models drive ILS market growth: JLT Re

Posted On: Aug. 23, 2018 5:55 AM CST

A report by U.K.-based JLT Reinsurance Brokers Ltd. found that the development of sophisticated catastrophe risk models has driven growth of the insurance-linked securities market, Artemis.bm reported. JLT Re said that the catastrophe models have made it easier for the ILS market players to understand and visualize risk exposures and identify insurance and reinsurance linked investment opportunities.