The surge in insurance-linked securities activity has prompted a rise in Europe-based jurisdictions serving the market. However, while a little competition is good for business, these domiciles will need to find their position within the sector if they are to survive. Intelligent ILS investigates.
As the insurance-linked securities (ILS) markets continue to grow, competition is becoming fierce between domiciles to become the preferred jurisdiction for these deals.
"If we can achieve these conditions then I am confident ILS business will come to Gibraltar." Michael Ashton
In 2014, the Isle of Man, Malta, Gibraltar and Guernsey have targeted the sector, bringing a new wave of competition and talent to the market.
Europe, ILS, Shaun Geils, Michael Ashton, Gregory Wojciechowski, Jed Rhoads