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ILS issuance could exceed $4bn this year, says Appel

17 April 2009

The insurance-linked securities (ILS) market is on the road to recovery after suffering big setbacks in the second half of 2008, according to Andrew Appel, chief executive officer of Aon Benfield.

Read more: ILS Andrew Appel Aon Benfield

The insurance-linked securities (ILS) market is on the road to recovery after suffering big setbacks in the second half of 2008, according to Andrew Appel, chief executive officer of Aon Benfield.

"ILS markets were largely closed throughout the latter half of 2008, and that was exacerbated by the Lehman default...


  

   
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