London Stock Exchange Opens Doors To Lucrative ILS Trade
Law360, London (March 5, 2019, 12:56 PM GMT) -- The London Stock Exchange has opened the door for companies that want to list insurance-linked securities as the U.K. moves toward breaking into the multibillion-dollar trade, an executive at the market has told Law360.
Darko Hajdukovic, head of fixed income, funds and analytics, said the exchange is “delighted” to have introduced internal rules that allow financial services companies that issue ILS to float them on its international securities market.
“The ability to create and list ILS in London further expands our offering and reinforces our role as the leading international financial center,” Hajdukovic said in an email late on Monday....
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