Insight and Intelligence on the London & International Insurance Markets 18 Mar 2018
Pool Re considers ILS issuance
- 7 March 2018
UK terrorism reinsurer Pool Re is considering tapping the newly minted UK insurance-linked securities (ILS) market through an issuance worth at least $100mn, sister publication Trading Risk reported.
The state-backed carrier is understood to have bought as much retro as is currently available and is contemplating using the UK ILS framework that was established last year and which Neon became the first to tap.
If a transaction went ahead, it would be the first ILS issuance to cover terrorism.
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