alt Hacker NewsI mean eventually once you proceed down the financial tree you get reinsurance linked securities. It's been this way for decades. It nothing new.
I mean eventually once you proceed down the financial tree you get reinsurance linked securities. It's been this way for decades. It nothing new.
Indeed. Simplified:
Insured->Broker->Insurer->ReinsuranceBroker->Reinsurer
Here, where you see reinsurer, instead may be: ILS fund Cat Bond