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BRIEF-Neon Launches NCM Re, UK's First Insurance-Linked Securities Vehicle
January 3, 2018 / 8:33 AM / 13 days ago

BRIEF-Neon Launches NCM Re, UK's First Insurance-Linked Securities Vehicle

Jan 3 (Reuters) -

* NEON LAUNCHES NCM RE, UK’S FIRST INSURANCE-LINKED SECURITIES VEHICLE

* SAYS RAISED THIRD-PARTY CAPITAL TO SUPPORT THE UK‘S FIRST ILS TRANSACTION, A $72 MILLION COLLATERALISED QUOTE SHARE REINSURANCE DEAL. Source text for Eikon: Further company coverage: [ ] (Reporting By Simon Jessop)

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