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International

ILS market likely to diversify into new lines: Official

September 27, 2018 Reprints

Tim Faries, managing partner for Bermuda at U.K.-based law firm Appleby Group Ltd., said that the insurance-linked securities market may look to diversify into other products following the sector's capacity to reload despite catastrophe losses, Artemis.bm reports. Mr. Faries said that the ILS market will be able to face catastrophe-losses similar to those in 2017.

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ILS market likely to diversify into new lines: Official

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