Hoplon III

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MyLotto24’s Hoplon ILS to take EUR4.8m loss after jackpot win

Following an EUR 26.3 million jackpot prize won by one of its customers in a secondary lottery draw, lottery company MyLotto24 is set to benefit from the jackpot protection it has in place through its Hoplon III Insurance Ltd. insurance-linked securities (ILS) transaction.The EUR 26.3 million jackpot is sufficient to read the full article →

ILS an important, enabling part of our business: Blerina Essen, myLotto24

Following the successful completion of its latest, more flexible insurance-linked securities (ILS) transaction, myLotto24 Limited's Managing Director, Blerina Essen, discussed with Artemis the company's participation in the space, and how ILS has become an important part of its risk management structure.UK-based lottery provider myLotto24's latest ILS transaction, issued using Hoplon read the full article →

MyLotto24 sponsors more flexible Hoplon III ILS transaction

Lottery company MyLotto24 has leveraged the capital markets as a source of jackpot insurance and reinsurance again, with a new Hoplon III Insurance Ltd. transaction that again leverages both catastrophe bond and collateralized reinsurance technology in a structure that is more flexible for the company.This is the third insurance-linked securities read the full article →