Aon: Reinsurance capital up 3.8% in 2021; ILS uncertainty to be “short-lived”

Aon has estimated global reinsurance capital increased 3.8 percent in 2021 to $675bn, as traditional capital hit a new peak of $579bn and alternative capital grew to $96bn, with the broker also expecting the current ILS market uncertainty resulting from geopolitical and currency volatility “to be relatively short-lived”.