Any doubts surrounding the durability of alternative structures
have largely been put to bed after ILS' response to 2017
events. And while there's been no surprises so far in 2018, the
ongoing maturation and evolution of the sector suggests investors
won't be completely decimated by losses.
This is according to Tim Faries, Bermuda Managing Partner of
offshore law firm Appleby, who met with Artemis at the annual
meeting of the reinsurance industry in Monte Carlo recently to
discuss trends in the catastrophe bond and broader insurance-linked
securities (ILS) marketplace.
To start, Faries explained that during last year's
Rendez-Vous de Septembre in Monte Carlo, Monaco, everyone was
tracking the first of three major storms, and questioning what is
going to happen to investor sentiment if there are any significant
losses in the ILS area.
