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Lottoland sets up Fortuna Insurance PCC in Gibraltar

25th September 2017

Gibraltar licensed online lottery company the Lottoland Group has set up its own insurance company in Gibraltar, Fortuna Insurance PCC Limited, which will provide the firm with its own issuing vehicle for future collateralised reinsurance and insurance-linked securities (ILS) transactions.

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MyLotto24 expands Hoplon coverage, investors coupon increased

7th August 2013

The novel Hoplon Insurance Ltd. transaction, an insurance-linked securities (ILS) structure combined with collateralized reinsurance, has been expanded by sponsor MyLotto24. The groundbreaking deal now provides MyLotto24 with even more cover for exceptional jackpot winnings in their lotteries over the remainder of the deals term.

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Innovative catastrophe bond type structure used to cover risks of lottery winnings for MyLotto24

17th September 2011

Just when you think the insurance-linked securities market can’t get any more interesting and innovative, a deal comes along which breaks new ground and brings a new type of risk to insurance-linked securities investors. Artemis.bm can reveal a groundbreaking deal which has recently been completed providing the sponsor with cover for exceptional jackpot winnings in […]

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