As Cyclone Yasi bore down on Australia's Queensland coast as a Category 4 storm today (2 February), brokers transacted livecat industry loss warranty (ILW) deals for traders seeking to hedge against losses.
As Cyclone Yasi bore down on Australia's Queensland coast as a Category 4 storm today (2 February), brokers transacted livecat industry loss warranty (ILW) deals for traders seeking to hedge against losses.