ILS, cat bond pricing changes indicate significant market hardening
Posted On: Oct. 19, 2022 10:04 AM CSTAccording to U.S.-based consultancy firm Lane Financial LLC, the catastrophe bond and insurance-linked securities market is pricing in its biggest-ever loss from the recent Hurricane Ian, which could lead to significant market hardening next year, Artemis reported. Based on market price movements, Lane Financial estimates a $1.9 billion catastrophe bond market loss from Hurricane Ian.