Market Background
Collateralized Reinsurance
- Pillar Capital focuses on Non-Life Property Risk, specifically Property Catastrophe Risk:
- Hurricanes; earthquakes; tornadoes; hail storms; brush fires…
- Focused on Perils that are non-correlating to the broader financial markets
- Property Catastrophe events are “short-tailed” (losses from events are generally known within 12 to 18 months)
Source: March 2023 All rights reserved. Reinsurance Outlook – Guy Carpenter and AM Best