Alternative capital market moving towards pandemic risk mitigation

Cory Anger, global head of ILS Structuring at U.S.-based Guy Carpenter Securities, has said that alternative insurance capital is moving to pandemic mitigation and prevention “rather than focusing on replenishing post-event capital losses," Artemis.bm reported. These emerging insurance structures in pandemic disease coverage will offer insurance-linked securities and catastrophe bond investors increasing opportunities for expansion and diversification, while working to contain the risk of severe outbreak in next 10-15 years.

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