UK Treasury targets 2017 for ILS legislation

The UK Treasury has confirmed it will put forward the final
regulations for implementing the London insurance-linked securities
(ILS) framework early next year despite fears that there would be
delays following the vote for Brexit.
In a letter to the London Market Group (LMG) seen by
The Insurance Insider, Simon Kirby,
economic secretary to the Treasury, said that the role that London
plays as a global hub for specialist insurance and reinsurance was
an important part of the export strength...