What is ILS?
ILS provides an opportunity for the insurance sector to transfer some types of risk to the capital markets. They are primarily used whenever the insured risks are too huge or less predictable to be covered by a standard insurance package, such as hurricanes, earthquakes, or many other catastrophic events.
The most commonly used type of ILS is a catastrophe bond. Catastr... https://topcollegesadmission.in/college-list/mbapgdm/mumbai