Lloyd's (re)insurer Neon will become the first party to use the new UK insurance-linked securities (ILS) framework after it secured approval from the Prudential Regulation Authority (PRA) to launch a sidecar.
Lloyd's (re)insurer Neon will become the first party to use the new UK insurance-linked securities (ILS) framework after it secured approval from the Prudential Regulation Authority (PRA) to launch a sidecar.