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Since founding ICAP in 1986, Michael Spencer has propelled the firm into becoming the world's largest inter-dealer broker, and in the perennial search for new asset classes, he has turned his attention to the (re)insurance landscape. Trading Risk gets his take on the ILS sector...
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Trading Risk talks to Frank Majors, a principal and co-owner at Nephila, which has grown to become one of the largest dedicated ILS investors in a total group of catastrophe funds estimated to control over $8bn of capital...