Cat bonds key to closing protection gap
25-10-2017
yinyang / istockphoto.com
Multi-cat bonds or other ILS solutions are the only viable solution for coping with natural disasters in the Eastern European and Commonwealth of Independent States region, and Bermuda could have a big role to play in making this happen, says Kirill Savrassov, chief executive of Bermuda-based Phoenix CRetro Reinsurance.
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ECIS, multi-cat bonds, disasters, earthquakes, economic losses, Eastern Europe, Commonwealth of Independent States
