The insurance-linked securities (ILS) market continued to expand last year with a 10.5% year-on-year (YoY) increase, approaching the $50b mark in outstanding notional, Swiss Re revealed.
Equity notional trading volumes were $147.1B in November, up 16% M/M and 178% Y/Y, while crypto notional trading volumes of $35.2B surged sixfold from October and eightfold from November 2023 ...