UK betting company MyLotto24 has raised EUR70.5mn of reinsurance cover from a private cat bond sold to a handful of investors, introducing a new peril to the insurance-linked securities (ILS) market.
UK betting company MyLotto24 has raised EUR70.5mn of reinsurance cover from a private cat bond sold to a handful of investors, introducing a new peril to the insurance-linked securities (ILS) market.