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Losses, new strategies at Lloyd's drive opportunities for ILS

Lloyd's of London

U.S.-based Hudson Structured Capital Management Ltd. said that losses and new strategies undertaken at Lloyd's of London and a rise in catastrophe retrocession rates are opening up opportunities for insurance-linked securities in specialty property reinsurance, reports. Mike Millette, managing partner at HSCM Bermuda, said that the insurance-linked securities manager is looking to tap into opportunities in natural catastrophe, claims management and distribution services this year.

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