Reinsurance the latest industry to boast an online exchange

A new trading platform provides a link between insurance and capital markets.

London-based company city3k has launched an online marketplace it says will transform the global reinsurance industry. 

Named Debt Exchange, the site will have particular relevance to the Asian region, according to David James, managing director for Asia.

Debt Exchange has seen trading volume of between $250 and  $300 million on a global basis since it first launched the platform in Europe and is looking to target 1-2% of Asia's risk exposure in the first 12 months,...

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