Growing opportunity in Latin America for catastrophe bonds and ILS: Fitch Ratings
There is a growing opportunity for further use of catastrophe bonds and insurance-linked securities (ILS) in Latin America, with Brazil’s first ILS deal recently setting a positive example, Fitch Ratings has explained. Commenting on reinsurance market opportunities in Latin America, Fitch said, “Fitch Ratings estimates the Latin American reinsurance market from USD18 billion to USD22 […]