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Nayms Issues World's First Crypto-Denominated Industry Loss Warranty (ILW)

PR Newswire - Thu Jul 6, 2023

LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd., the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace. This type of instrument is index-based and used for providing retrocessional reinsurance protection to property reinsurers.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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