Expertise Publication

ILS market update July 2016

The Insurance Linked Securities (ILS) market was off to a very promising start in 2016. Fresh off a lackluster 2H in 2015 and staring down a wall of maturities, 1Q 2016 delivered. With new issuance volume of USD 2.07bn, 1Q 2016 eclipsed the previous record 1Q set last year by over 20%. However, unlike previous years where 2Q was the largest quarter, it was 1Q that has thus far carried the mail in 2016. 2Q 2016 only registered USD 800m in new issuance, the smallest 2Q since 2011.