Lloyd's (re)insurer Neon has received the green light from the Prudential Regulation Authority (PRA) to establish a sidecar and will now become the first carrier to use the new UK ILS framework.
Lloyd's (re)insurer Neon has received the green light from the Prudential Regulation Authority (PRA) to establish a sidecar and will now become the first carrier to use the new UK ILS framework.