The future of parametric triggers in cat bonds and ILS - Artemis London 2023

Episode 147,   Jan 12, 10:12 AM

This episode features a recording of an expert panel at our Artemis London 2023 conference discussing parametric triggers in insurance-linked securities (ILS) and the future potential for parametric triggers in developing capital market backed responses to growing climate risk exposures.

This was the sixth session of the day at our Artemis London 2023 insurance-linked securities (ILS) market conference, held on September 5th in London, UK.

Around 240 attendees enjoyed a busy day of thoughtful catastrophe bond and insurance-linked securities (ILS) focused discussion from industry experts, as well as valuable networking opportunities.

This session features an expert panel discussing parametric triggers in insurance-linked securities (ILS) and the future potential for parametric triggers in developing capital market backed responses to growing climate risk exposures.

The panel discussion was moderated by: Rowan Douglas, CEO Climate Risk and Resilience, Howden Group.

He was joined on stage by: Stephen Lathrope, Global Head of Insurance, ICEYE; Michael Bennett, Head of Derivatives & Structured Finance, the World Bank Treasury; and Edern Le Roux, Head of ILS and Cat Modeling, Descartes Underwriting.

The panellists discussed how parametric triggers have helped insurance and catastrophe bond protection expand to some underserved areas.

We heard of the need for greater collaboration between private and public entities, as well as the growing demand for disaster insurance protection for governments and their entities.

The panellists also discussed the important role of technology in the creation of parametric triggers and how this can help drive innovation and triggers that are increasingly closely calibrated to the underlying risks that insurance and reinsurance products are protecting against.

Listen to the full podcast episode to learn more about the future of parametric triggers in the insurance-linked securities (ILS) market.