ILS Asia 2020

Pension fund investors that allocate to the insurance-linked securities (ILS) space are looking for a certain level of transparency, humility, and a dynamic relationship, according to Craig Dandurand, Head of Debt at the Future Fund of Australia.

Although cyber criminals tend to thrive on chaos, so far, the presence of a global pandemic hasn’t led to any significant rise in activity or threat, according to Tom Johansmeyer, Head of PCS.

Welcome to the Artemis ILS Asia 2020 conference report, which explores some of the discussions that took place during our fifth event focused on the region.

Globally, the life insurance-linked securities (ILS) space is gaining momentum and in Asia specifically, the risk/return profile appears to be improving, according to Luca Tres, Head of Life, Securis Investment Partners.

Paul Schultz, Chief Executive Officer (CEO) of Aon Securities, expects to see different types of sponsors increasingly enter the insurance-linked securities (ILS) marketplace in Asia and also around the globe.

It’s up to insurance, reinsurance and ILS market participants to improve the acceptability of parametric insurance structures across the Asia Pacific region, say industry experts at ILS Asia 2020.

As Singapore evolves as an insurance-linked securities (ILS) domicile and enables regulatory, legal and tax changes, the ability of the region to facilitate ILS in all forms will attract a growing number of new sponsors, according to industry experts.

There’s a very real and vast opportunity for sustained insurance sector growth across emerging Asia over the next decade, and insurance-linked securities (ILS) capacity will be required, according to executives at Hong Kong domiciled reinsurance company Peak Re.

Even in the face of Covid-19, the resilience of the insurance-linked securities (ILS) market has been impressive, but moving forward, the entire risk transfer industry needs to be more attentive to emerging complex risks, says Benny Chey, Assistant Managing Director (Development and International), Monetary Authority of Singapore (MAS).

The past few months have provided unprecedented challenges for all areas of the global financial markets, but for insurance-linked securities (ILS) players, the ongoing desire for un-correlated assets presents a great opportunity, according to industry experts.