The two cedants that have come to the ILS market this year were able to secure more competitive rates than they initially targeted for the low-yield tranches brought to market, in common...
Japan cat bond placements highlight broader easing of renewal pressure
Japanese insurers have always benefitted from some of the most competitive cat bond rates on the market, and 2021 has put their ILS rates back in line with some of the lower-end yields that have been obtained in prior years.
