ILS, alternative capital to take a leading role

Posted On: Oct. 16, 2018 5:46 AM CST

Rating agencies including U.S.-based Moody’s Investors Service and Fitch Ratings Inc. said that the insurance-linked securities market and alternative capital is set to grow in importance, scope and overall size in 2019, Artemis.bm reports. The ratings agencies said that further growth in ILS is expected at January 2019 renewals with insurers and reinsurers increasingly looking to earn fees by using alternative capacity to support their underwriting.