With the recent California wildfires seen as likely to drive the second most costly first-quarter on record for the global ...
Investment manager Man Group’s outlook for the catastrophe bond and related insurance-linked securities (ILS) market remains ...
The models that determine when catastrophe bonds pay out are falling short, as the financial compensation triggered by ...
The increase in costly climate-related disasters has fueled the growth of so-called catastrophe bonds in the past few years. These are bonds issued by insurance and reinsurance companies — and s ...
The catastrophe bond will offer coverage over a three-year term, effective from 17 January 2025 until 31 December 2027.
Amundi US, the US business of Amundi, one of the world’s ten largest asset managers by assets under management1, celebrated the anniversaries of two funds focusing on Insurance-Linked Securities (ILS) ...
Surely, then, it is a bad time to own catastrophe bonds? These are securities that protect issuers, mostly insurers and governments, from severe losses in the event of a natural disaster by paying ...
Catastrophe bonds were born. The bond is a bet on a cataclysmic event like a storm, typhoon or hurricane that causes devastating damage to property. And in doing so they package the unworkable ...
One such up-and-coming financial tool is the "catastrophe bond". It is an insurance-linked debt security that will provide faster financial relief after disaster strikes, unlike traditional aid ...
LONDON: Fermat Capital Management, one of the world’s biggest investors in catastrophe bonds (cat bonds), says anxiety about this year’s hurricane season has already left a meaningful dent on ...