Fillip for French finance: first own-law insurance securitization deal launches

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Fillip for French finance: first own-law insurance securitization deal launches

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CCR Re, a French reinsurer, has issued the first insurance-linked securities (ILS) trade to be governed by French law. Those on the deal spoke of starting up an ILS market in the country, as the UK — which introduced its own ILS law less than 18 months ago — grapples with Brexit.

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