ILS Platform

Insurance-Linked Securitisation (ILS) is a financial mechanism that allows insurers and reinsurers to transfer risk to capital markets. By converting insurance risks, such as natural catastrophes or mortality, into tradable securities, ILS offers a powerful alternative to traditional reinsurance. Common ILS structures include catastrophe bonds, collateralised reinsurance, and industry loss warranties.

Malta stands out as a European leader in ILS innovation, offering a robust legal and regulatory framework tailored to the needs of global investors and sponsors:

• Reinsurance Special Purpose Vehicles (RSPVs): Malta has fully-fledged legislation for the formation and authorisation of RSPVs, enabling efficient and transparent risk transfer.
• Securitisation Cell Companies (SCCs): Malta is the only European jurisdiction with dedicated legislation for SCCs, allowing multiple ILS transactions to be housed within a single legal entity, each ring-fenced for risk and capital.
• EU Passporting: As an EU member state, Malta provides access to the European market under harmonised financial services regulation.
• Cost-Efficient Setup: Malta offers competitive operational costs, streamlined licensing, and a pragmatic regulatory approach.
• Expert Ecosystem: A growing network of legal, actuarial, and financial professionals with ILS expertise ensures smooth structuring and execution.

• Diversification: ILS offers exposure to insurance risks that are largely uncorrelated with traditional asset classes.
• Stable Returns: Cat bonds and similar instruments can deliver attractive yields with low volatility.
• Regulatory Clarity: Malta’s SCC framework ensures clear segregation of assets and liabilities, enhancing investor protection.
• EU Domicile: Malta’s EU status adds credibility and regulatory transparency for institutional investors.

• Capital Relief: ILS structures can provide off-balance-sheet solutions for peak risk exposures.
• Flexible Structuring: Malta’s RSPV regime allows for tailored risk transfer mechanisms.
• Speed to Market: Efficient licensing and setup processes enable rapid deployment of capital.

• Efficient Vehicle Formation: SCCs allow multiple ILS transactions under one umbrella, reducing administrative overhead.
• Scalable Platform: Ideal for launching ILS funds or managing portfolios of cat bonds and reinsurance-linked assets.
• Regulatory Confidence: Malta’s MFSA provides clear guidance and oversight, supporting long-term fund strategies.

At Jatco, we guide sponsors, investors, and intermediaries through the full lifecycle of ILS transactions, from concept to launch. Whether you are looking to establish an RSPV or an SCC, we provide the insight, support, and local expertise to make Malta your ILS gateway.