Lloyd's (re)insurer Neon is seeking to raise $60mn of third-party capital from a sidecar that could be the first vehicle set up under the new London insurance-linked securities (ILS) regulations, sources said.
Lloyd's (re)insurer Neon is seeking to raise $60mn of third-party capital from a sidecar that could be the first vehicle set up under the new London insurance-linked securities (ILS) regulations, sources said.