SCOR CEO on wildfire risks: Quantity of ILS will only increase with quality of the modelling
SCOR CEO Thierry Léger, speaking on the company’s earnings call, said wildfire insurance-linked securities (ILS) issuance could increase, but only as wildfire modeling quality improves and experience with climate-change impacts grows. He noted ample traditional capacity for wildfires, with ILS viewed as a niche. SCOR CFO Philipp Rüede cited California’s size and diversification benefits for past cat bond activity.



