ILS Capital unveils first ever $57m trapped capital securitisation deal


ILS Capital Management, a Bermuda-based investment firm specialising in insurance and reinsurance, has completed a $57 million reinsurance securitisation of so-called 'trapped capital', which the company believes paves the way to unlock a substantial portion of the industry's $15 billion of trapped capital.

ILS Capital, Capital deal, Investment, Insurance, Reinsurance, Tom Libassi, Bermuda

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