Demand from ILS investors moderated April price increases

Willis Re Inc. said that strong demand from insurance-linked securities investors, especially for publicly traded catastrophe bonds, helped to moderate overall reinsurance renewal price increases at April 1 renewal season, Artemis reported. James Kent, global chief executive at Willis Re, said that this strong investor appetite proved helpful for buyers seeking to renew or source new capacity from insurance-linked securities markets as it served to dampen overall program price increases.

Read more.