Review of the 2022 ILS market and outlook into 2023
The year 2022 was challenging for investors in many asset classes, with inflation reaching new hights and return expectations rising globally in most markets. Cat bonds and private ILS were not immune to this market shift. However, they managed to perform remarkably well during these demanding times. The impact of Hurricane Ian in Florida in September further strengthened the momentum towards improved market conditions in the ILS asset class. At the beginning of 2023, the ILS market is thus as attractive as it has not been seen in a decade. In this briefing we take a closer look at this dynamics and report on the development of the Solidum ILS and cat bond funds. We would be pleased if the topic meets your interest, and wish you a stimulating reading.