The London Market Group (LMG) has called for UK watchdog the Prudential Regulation Authority (PRA) to ensure that ILS structures remain tax-free and to introduce protected cell companies (PCCs) alongside insurance special purpose vehicles (ISPVs).
The London Market Group (LMG) has called for UK watchdog the Prudential Regulation Authority (PRA) to ensure that ILS structures remain tax-free and to introduce protected cell companies (PCCs) alongside insurance special purpose vehicles (ISPVs).