New UK regulations designed to enable an insurance-linked securities (ILS) market in the London Market could have the potential to be a game-changer for parts of the ILS markets but much still depends on how the Prudential Regulation Authority (PRA) adopts and embraces the concept, with the regulator having the potential to make or break the market.
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Monte Carlo, UK regulations, London, Prudential Regulation Authority, ILS, Luca Albertini, Leadenhall Capital Partners