Pool Re ups retro cover

London-based Pool Reinsurance Co. Ltd.'s chief underwriting officer Steve Coates said that the reinsurer's current reinsurance program does not include collateralized or insurance-linked securities capacity but it is open to using non-traditional capacity in the future, reported Artemis.bm.

Pool Re's retrocession program grew to £1.95 billion ($2.77 billion) in 2016, adding an additional layer to the coverage.

Pool Re is actively assessing the development of the ILS market and capital market solutions, Artemis.bm reports.

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