Printed from BusinessInsurance.com

Malta aims to become ILS hub despite barriers to entry

Posted On: Nov. 21, 2019 5:48 AM CST

Malta aims to become ILS hub despite barriers to entry

Insurance and reinsurance industry experts said that Malta aims to become a hub for insurance-linked securities despite barriers to entry, Artemis reports. Matthew Bianchi, governor of financial services body FinanceMalta, said that while Malta’s laws are favorable for ILS, it’s a new and unfamiliar market for investors who sometimes are not willing to take the risk of investing in an ILS in market that is not as established as Bermuda.

Read more.