Insurers face tipping point as climate losses climb and capital strains deepen

Already, more than $115 billion in alternative capital has been committed to structures such as catastrophe bonds, sidecars, and reinsurance-linked securities. But Case sees room for much more, noting that traditional carriers are increasingly retrenching in high-risk segments. “To the extent we can access other pools of capital… we want to bring as much in as we can, to offset the volatility that our clients face,” he said.