A photopolymer for fabrication of volume-type transmission holograms, which are used primarily on the holographic reflector for reflective LCD's, is reported. This photopolymer consists of bisphenol-type epoxy resin and an acrylic monomer with diaryliodonium salt and 3-ketocoumarin as a complex initiator. The chemistry of the imaging formation is based on the radical polymerization of the monomer initiated by a holographic exposure, followed by the cationic polymerization of epoxy resin by UV exposure after postexposure baking. The yellowish color of the hologram derivatives that resulted from the sensitizing dye and hom the photospeed were improved to satisfy the specifications for the holographic reflector. The holographic reflector now gives brighter images. (C) 1999 Optical Society of America OCIS codes: 090.0090, 090.2890, 090.2900.