It’s incredibly difficult to measure the size of the life ILS market in terms of assets under management held by investment funds. There’s little publicly available data, and naturally, many asset managers won’t provide information unless they’re forced to.
So, we wanted to ask our readers what they thought, with a little bit of educated guessing on our part. We offered three options: below $10bn, between $10 and $25bn, and over $25bn.
The middle option won out in the end, and fairly convincingly; almost two-thirds of our readers think that the market is between $10 and $25bn in AUM. It’s not possible to verify if they are right, of course, but if they are, that’s a healthy size by many definitions. It’ll be interesting to see if sentiment changes over time as the life risk space continues to try and find new ways to involve the capital markets.
