Philipp Kusche, Global Head of ILS at Howden Capital & Markets Advisory recently chaired a panel discussion at the Howden Cyber Summit in Ascot. During the session, investors and sponsors discussed the growing relevance of the Insurance-Linked Securities (ILS) market in cyber (re)insurance. Notably, a key topic was the increasing use of 144a Cat Bonds, which is enabling a broader investor base to engage in the market.
Additionally, the panel explored investor interest in collateralised reinsurance, private cat bonds, and sidecar structures to optimise risk transfer in the cyber domain. Notably, efficient structures and robust risk quantification methods have emerged as crucial factors for continued growth in ILS participation in the cyber market.
Overall, both sponsors and investors voiced optimism about ILS’s future in the cyber market. Some investors are already willing to commit capital, while others are progressively embracing cyber risk as an investment opportunity.
Howden Re’s expert Cyber (re)insurance team and Howden Capital Markets & Advisory team are working closely together to address any client needs and identity opportunities.
