London can be global ILS hub, needs regulatory support: Official

Des Potter, head of securities, Europe, the Middle East and Africa, at U.S-based reinsurance intermediary Guy Carpenter & Co. L.L.C., said that London has the potential to become the international hub for insurance-linked securities transactions, reports. The U.K.’s financial services regulator Prudential Regulation Authority would need to support the ILS industry, Mr. Potter said.
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