Using IFEX ELFs For Virtual Reinsurance

• IFEX ELF contracts allow Protection Sellers to carry insurance risk cost effectively and conveniently.
  
  
• There is no need to establish an insurance or reinsurance company in order to participate in the natural catastrophe reinsurance market. This means avoidance of the expenses associated with;
  
        1.   establishing a reinsurance company
  
        2.   staffing a reinsurance company
  
        3.   insurance regulation compliance
  
  
• IFEX lowers transaction costs because futures commissions are significantly less than reinsurance brokerage.
  
  
•  IFEX transactions complement other derivatives trading activity.