Guernsey's insurance linked securities (ILS) expertise has
been recognised once again with Artex Risk
Solutions named 'Reinsurance Facilitator of the Year'
at the 2018 Trading Risk awards.
The award meant back-to-back wins for Artex in the category,
which has had a name change since last year, when it was known as
'Market Facilitator of the Year'. Trading Risk is one of
the leading publications in the ILS industry.
The judging panel observed that Artex's ILS team
'continued to grow and be at the cutting edge of development of
insurance transformation and convergence space'.
Artex was also involved in a global blockchain first as it acted
as trustee for assets on the 'ILSBlockchain' as Dom Re IC
Limited, a Guernsey-domiciled ILS reinsurance transformer and
incorporated cell of Solidum Re (Guernsey) ICC Limited, issued what
are believed to be the
first notes ever to have been issued on a private blockchain in
2017.