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First tranche of Salam III Sukuk life insurance-linked securitization issued

Published: 10/10/2013 01:25:02 AM GMT
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The first tranche of the novel Salam III Limited securitization of in-force life insurance policies has now been issued. The unique deal, transacted as an Islamic bond, or Sukuk, is the first time we know of an insurance-linked securitization (ILS) o (more)

The first tranche of the novel Salam III Limited securitization of in-force life insurance policies has now been issued. The unique deal, transacted as an Islamic bond, or Sukuk, is the first time we know of an insurance-linked securitization (ILS) of ...

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