In this IIL reinsurance webinar, Quentin Perrot and Sree Nair explain what industry loss indices are, how they are computed, and who uses them and for what purpose. They summarise the benefits of using industry loss index protections, as well as the considerations. In this session, the speakers cover the various legal forms these instruments can take, and which markets/investors offer this capacity.

Industry loss index triggers are a widely used form of risk transfer that, unlike traditional indemnity triggers, base recovery on industry losses. Cedants have strategic and tactical motivations for using them, but there are also considerations to keep in mind, which the speakers propose to cover in this webinar.

Learning objectives

• What industry loss indices are
• Why you as a cedant might use them or be exposed to them
• Who is offering the capacity and why

Chair: Marina Tsokur, Senior Structured Underwriter ART, Allianz