Final London ILS framework plan lands in Parliament

The UK government has today released final regulations that will
introduce a local insurance-linked securities (ILS) framework,
taking a major step toward having a hub for the business up and
running by January.
The project had been beset by several political delays and
regime changes in the course of its development. The final
regulations were due to be announced in April before the snap
election was called, putting the unveiling on hold during
campaigning.
But London market members who have...