EU Watchdog Urges Monitoring Of Insurance-Linked Securities
The European Insurance and Occupational Pensions Authority said in a financial stability report that the issuance of insurance-linked securities has reached its peak since 2007, allowing large capital inflows across the sector and boosting global reinsurance capital to an all-time high, according to EIOPA.
ILS are portfolios of insurance policies grouped into packages that insurers sell to interested investors so they can transfer risk. The ILS market...
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