ILS crucial for flood build out

Insurance Linked Securities will be necessary for the further build out of the US flood insurance market believes one executive. According to Joanna Syroka, director of new markets, Fermat Capital Management, flood risk is primed to be covered by the ILS market, and may, in fact, be necessary to build the market further in the US. “I think any ILS opportunity as long as it’s well understood and sensibly modelled is a candidate for investment, and it becomes a matter of adequate price, and there’s a broad investor base out there with different risks appetites and preferences,” she said, speaking at Reactions' sister publication, Trading Risk’s New York Rendez-Vouz 2018.

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