PCS is in talks with the Cayman Islands stock exchange about hosting a new traded industry loss warranty (ILW) product based on the agency's catastrophe loss data, company representatives told Trading Risk at the Monte Carlo Reinsurance Rendez-Vous.
PCS is in talks with the Cayman Islands stock exchange about hosting a new traded industry loss warranty (ILW) product based on the agency's catastrophe loss data, company representatives told Trading Risk at the Monte Carlo Reinsurance Rendez-Vous.