Tokio Millenium Re’s (TMR) exit from fronting services in 2021, resulting from its takeover by RenaissanceRe, will cut ILS capacity by $6bn, according to ILS Capital founder Tom Libassi.
Tokio Millenium Re’s (TMR) exit from fronting services in 2021, resulting from its takeover by RenaissanceRe, will cut ILS capacity by $6bn, according to ILS Capital founder Tom Libassi.