Leverage could bolster ILS capacity: Willis

The insurance-linked securities (ILS) market should expand its
assets under management (AuM) at a similar pace in 2017 to last
year, but increased use of leverage could provide more capacity
even if growth slows, according to Willis Capital Markets &
Advisory (WCMA).
In its latest market update, the broker-dealer put non-life ILS
AuM at $75bn by the end of 2016, up 7 percent from $70bn a year
earlier.
Previously, ILS assets more or less matched available
reinsurance limit, but the...