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ILS market hits $75bn in 2016, says WCMA

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Non-life insurance-linked securities grew to $75bn (£60bn) in 2016 overcoming a tough operating environment, according to Willis Capital Markets & Advisory.

In the latest ILS Market Update, WCMA said total ILS assets under management in 2016 grew to $75bn, up from $70bn the previous year.

In the fourth quarter of 2016 the ILS market saw a pick-up, with

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

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As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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