IRB (Re) sponsors first ILS in Brazil, R$33.7m Andrina surety bond threat securitization – Model Slux
The primary ever insurance-linked securities (ILS) issuance in Brazil has been accomplished in the present day, as native reinsurance agency IRB (Re) sponsored the issuance of a R$33.7 million deal to securitize surety bond dangers, utilizing its Andrina Particular Function Insurance coverage Entity (SSPE).IRB (Re) had what was the primary insurance-linked securities (ILS) construction authorised … Read more
