Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

21 May 2012

US wind ILW pricing falls 20 percent

16 December 2010

US wind prices on industry loss warranty (ILW) contracts have dropped by as much as 20 percent for certain triggers after the close of the hurricane season, according to broker Aon Benfield Global ReSpecialty.

However, trading is rising as reinsurers start seeking complimentary cover to their traditional retrocession strategy ahead of the New Year renewals, Aon Benfield's Richard Wheeler says.

Aon Benfield's recent activity has seen a US wind ILW with a $20bn trigger traded at 12.5 percent below the...

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