Renewals coming up in April and June in regions hit by catastrophe losses will indicate if rate growth will persist, AM Best reported. (Credit: Blue Planet Studio/stock.adobe.com) Renewals coming up in April and June in regions hit by catastrophe losses will indicate if rate growth will persist, AM Best reported. (Credit: Blue Planet Studio/stock.adobe.com)

Insurance-linked securities (ILS) and the traditional reinsurance displayed resiliency as capital raised in the market hit pre-pandemic levels, $485 billion, to end 2020, according to estimates from AM Best and Guy Carpenter.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

Agency Management
Reinsurance