New ILS deals forthcoming for UK

Insurance-linked securities players are likely to transact at least two deals using the U.K.’s new ILS regulatory regime, reports citing sources. The transactions are likely to include a catastrophe bond and a collateralized reinsurance deal. The cat bond deal is likely to be completed this year while one of the transactions could be linked to a Lloyd’s of London syndicate, the sources said.

Business Insurance

6/18/2018 6:08:00 AM