JLT and ICAP transact first cat-swap deal


JLT and ICAP transact first cat-swap deal

LONDON? London-based Jardine Lloyd Thompson Group P.L.C and ICAP P.L.C., the London-based interdealer broker, have announced that their joint venture, ICAP-JLT, has brokered its first catastrophe swap transaction. The transaction was a North American windstorm catastrophe swap. The joint...

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