Opinion: CRC facility

There is one key factor that will continue to drive
insurance-linked securities (ILS) managers' expansion in the
primary insurance market: the much bigger size of the opportunity
compared to the more niche reinsurance industry.
The collateralised reinsurance space has begun the reach the
limits of its potential to expand in the catastrophe sector,
forcing managers to get creative in search of continued growth.
That said, going into the insurance business is no easy win
either - this CRC facility