Insurance-linked investment fund Clariden Leu closed its specialist industry loss warranty (ILW) fund on Monday (16 March) at $30mn - short of its $50mn+ target - further evincing the tough fundraising climate for cat funds.
Insurance-linked investment fund Clariden Leu closed its specialist industry loss warranty (ILW) fund on Monday (16 March) at $30mn - short of its $50mn+ target - further evincing the tough fundraising climate for cat funds.