In its first full year of trading, PERILS industry loss index saw the total placements of insurance risk transactions exceed $1 billion, according to insurance data provided by Zurich-based PERILS.

During the period Jan. 1 to Dec. 15, a total of $1.05 billion of PERILS-based capacity was placed in the capital and reinsurance markets. Insurance-Linked Securities (ILS) reached or $620 million or approximately 60% of the overall figure.  Meanwhile, $430 million was in the form of private or derivative transactions such as Industry Loss Warranties (ILW).

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.