Opinion: Vesttoo collateral crisis – This is not an ILS issue, this is a KYC issue
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Opinion: Vesttoo collateral crisis – This is not an ILS issue, this is a KYC issue

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Credit risk is an ever-present issue to manage in reinsurance – but sourcing collateral shouldn’t be a hard one to get right.

The news that Vesttoo deals were pockmarked with collateral issues will – fairly or not – be a challenge both to the cause of ILS participation in program risks and non-cat risks more generally as investors seek to understand...

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