Swiss-based ILS fund manager Clariden Leu has transformed a further $50mn industry loss warranty (ILW) into note form, taking the total cat bond "lites" issued by the firm to $120mn.
Swiss-based ILS fund manager Clariden Leu has transformed a further $50mn industry loss warranty (ILW) into note form, taking the total cat bond "lites" issued by the firm to $120mn.