Skip to main content

The ILS market will expand to $200 billion by 2032.1

The ILS market has undergone significant expansion and continues to grow in sophistication since its earliest developments at the start of the century. Four trends transforming long-term market growth include:

 

numeral-one-circle

Expansion into new markets

Originally focused on catastrophe coverage, the market is now expanding into new areas, notably cyber and healthcare.

 
 

numeral-two-circle

Increasing investor appetite

Investors are looking for diversification from traditional assets and non-correlation with equity and bond markets. ILS is also establishing itself as a key component in wider alternative asset strategies.

 
 

numeral-three-circle

Closer inspection, clearer rules

Inevitably, this growth has led to increased scrutiny and higher demands for transparency and timely reporting from both regulators and investors.

 
 

numeral-four-circle

Going global

Around 80% of the ILS market is currently in the US, but the European market is growing quickly.2

 

 

Why choose SEI to be your ILS partner?

The ILS growth opportunity is substantial, but seizing it requires agility in entering new insurance markets with innovative products and meeting the precise demands of investors and compliance requirements.

SEI offers efficient, expert, and client-focused services with scalable solutions, enabling clients to seamlessly expand into new markets and products with:

 

reputation-ILS

A strong reputation with premium clients

SEI is Nasdaq-listed with longstanding relationships with leading investment managers, including 43 of the world's top 100 asset managers.3
 

 

global-ILS

The expertise to match your ambition

SEI’s deep expertise in complex asset classes enables our clients to scale across global markets and product types, offering clients direct access to operational specialists.


 

technology-ILS

Advanced technology

SEI's tech stack uses state-of-the-art systems and software, combined with proprietary solutions to provide an end-to-end automated service, clear visibility on asset performance, and a highly effective reporting capability.

50+

years of experience

$1.1 T

assets under administration*

5,100

employees globally*

Let's connect

Pradeep Kachhala, CAIA, Client Partner can tell you more about what's fueling ILS growth and how SEI can partner with you.

Meet Pradeep arrow-right
ILS-pradeep-kachhala-cta

1 Steve Evans, “ILS market has ‘meaningful growth opportunity’ to $200bn by 2023: Jefferies,” Artemis, October 1, 2024.

2 Taylor Mixides, “Jefferies predicts strong growth in ILS market, doubling to $200bn 2032,” Reinsurance News, October 1, 2024.

3 As of Sept. 30, 2024, based on Pensions & Investments’ “Largest Money Managers” 2023 ranking.

*Assets under administration and global employee statistics as of Dec. 31, 2024.