HSCM’s Michael Millette on the ILS market, investment opportunities and Covid-19 losses: Part II

Jun 19, 2020, 07:37 AM
In the first half of our interview, Hudson Structured Capital Management's Founder and Managing Partner Michael Millette shares his thoughts on investor interest in the (re)insurance markets, both in terms of the newcos being formed and the equity raises from existing companies, as well as the potential for new sidecars to be formed.

In the second half, we begin by looking at the casualty legacy space and what the future holds for that market.

Michael considers the current state of the catastrophe-focussed ILS market, and whether that specialist sector could have a possible role to play in the industry's attempts to mitigate financial losses from future pandemics.

Issues surrounding possible trapped capital due to Covid-19 are discussed, while there is also a review of the recent Florida renewals at 1 June.

Listen to the second part of our podcast interview with HSCM Founder and Managing Partner Michael Millette as we take a broader look at some of the opportunities on the horizon.