Eine Katastrophenanleihe (englisch catastrophe bond , kurz cat bond , auch act of god bond) ist eine Anleihe, deren Zahlungsverpflichtungen vom Eintritt . Cat Bonds werden von Unternehmen, Erst- oder Rückversicherern (Sponsoren) über eine Zweckgesellschaft emittiert. Das der Transaktion zugrunde liegende . Artemis - Resource Library - Artemis. An explanation of the concept of catastrophe bonds and their use as a form of risk transfer.
Leave it to catastrophe bonds to be among the most well-functioning debt markets out there.
Issuance of “ cat bonds ” has climbed to more than . A catastrophe bond (CAT) is a high-yield debt instrument that is usually insurance-linked and meant to raise money in case of a catastrophe . There are fears, for example, that Cal Phoenix Re, a catastrophe bond sold by Californian power supplier PGE to help pay for risks stemming . A reader of this publication, the president of an insurance agency, recently wrote to say he kept hearing about catastrophe bonds but had little . Investors traditionally considered this . Catastrophe bonds provide an efficient route for insurers and reinsurers to access the capital markets. Catastrophe ( Cat ) bonds are one of a number of innovative risk transfer products that have emerged as an alternative to traditional insurance and reinsurance .