Industry loss warranty
id:
industry-loss-warranty-197-17459509
title:
Industry loss warranty
text:
Industry loss warranties (ILWs), are a type of reinsurance contract used in the insurance industry through which one party will purchase protection based on the total loss arising from an event to the entire insurance industry above a certain trigger level rather than their own losses. For example, the buyer of a "$100million limit US Wind ILW attaching at $20bn" will pay a premium to a protection writer and in return will receive $100million if total losses to the insurance industry from a sing
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Industry_loss_warranty
date created:
date modified:
2022-04-01T02:01:44Z
main entity:
{"identifier":"Q6028147","url":"https://www.wikidata.org/entity/Q6028147"}
image:
fields total:
13
integrity:
13