AM Best releases new version of ILS ratings manual

AM Best has published an updated version of Best's
Insurance-Linked Securities & Structures Methodology (BILSM)
which outlines how the
agency rates insurance-linked securities and structures.
The new version contains minor changes following a public
comment period that closed in June.
The BILSM includes information on key rating considerations for
the ILS sector, and risk modelling and surveillance the company
undertakes before issuing a rating.
As well as releasing the latest edition of BIL