London ILS products 'not reliant on single market'

A project to attract more insurance-linked securities (ILS)
transactions to London should not be held up by the Brexit vote,
according to Malcolm Newman, sponsor of the London Market Group
(LMG)'s ILS Working Group.
Newman pointed out that ILS products are reinsurance solutions,
meaning clients could sponsor or purchase them from London without
requiring access to the EU single market.
"The business case for London entering the ILS market is
clear and the government continues to support this by