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ILS Market Thrives in 2023
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Overview
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Swiss Re's report highlights robust growth and resilience in the ILS market in 2023, with a significant increase in new issuance and strong investment performance. The absence of major catastrophic events did not hinder market expansion, with a 20% rise to $43.1 billion in ILS market size.
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How might the ILS market's growth impact traditional reinsurance markets?
What role does the diversification into cyber peril space play in enhancing the stability and attractiveness of the ILS market?
What strategies could other insurers adopt to tap into the opportunities presented by the ILS market's resilience?
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