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What is ILS Investment?

August 2012 - Finance. Legal Developments by Bedell Cristin.

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Insurance companies and reinsurers need substantial capital to underwrite risk, especially for catastrophic events. This is particularly true of losses caused by earthquakes, hurricanes, tornadoes and fl ooding, but can also be much more sophisticated or indeed macabre – such as extreme mortality or insuring against failed satellite launches.

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