Media coverage
Michael Stahel gives an outlook for the ILS market in Artemis
The trade publication Artemis featured an article in which Michael Stahel, Partner at LGT Capital Partners, shares his views on developments in the insurance-linked strategy (ILS) industry. Michael, who spoke at the Monte Carlo Reinsurance Rendez-Vous conference, explained that his team is strategically shifting capacity between catastrophe bonds and collateralized reinsurance investments to source the best deal opportunities for investors.
According to Artemis, Michael said that the surprisingly quiet hurricane season at present implies that there should be sufficient capacity available for the renewal round 2025. However, he pointed out that the discussion is premature as market participants are aware that the hurricane season will continue for several more weeks and may still generate significant activity.
The article also noted his comments that while the level of inflation has declined significantly in recent months, the adjustment of insured values typically lags considerably behind. For this reason, Michael still expects to see an adjustment for inflation playing a role in the regulatory risk assessment for 2025. Even in the absence of a significant loss event before the end of this year, he does not anticipate any significant shift in premiums from current price levels, the trade publication writes.
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