Personal Insurance

EU nat cat insurance pool could be enhanced by cat bonds and ILS: EIOPA / ESM paper

A new proposal calling for a European natural catastrophe insurance pool to diversify risks across countries and perils could be further enhanced by the insurance-linked securities (ILS) market, according to the European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM).In a joint paper recently published by the two organisations, they suggest that a risk-based, premium-financed, EU-wide nat cat pool could significantly increase insurance penetration for severe,.. Read More

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