A high-yield, insurance-backed bond containing a provision causing interest and/or principal payments to be delayed or lost in the event of loss due to a specified catastrophe, such as an earthquake.
Related information about catastrophe bond:
- Catastrophe bond - Wikipedia, the free encyclopedia
Catastrophe bonds (also known as cat bonds) are risk-linked securities that transfer a specified set of risks from a sponsor to investors. They were created and ...
- Catastrophe Bond (CAT) Definition | Investopedia
A high-yield debt instrument that is usually insurance linked and meant to raise money in case of a catastrophe such as a hurricane or earthquake. It has a ...
- Catastrophe Bonds | GCCapitalIdeas.com
Sep 17, 2012 ... This recognition honors the Kibou Ltd. catastrophe bond program for its ... Chart: Catastrophe Bond* Risk Capital Issued and Outstanding: ...
- Sandy to Have Limited Impact on Catastrophe Bond Market: Willis
Nov 14, 2012 ... Superstorm Sandy's impact the catastrophe bond market is likely to be muted based on current estimates, with little impact on new pricing, ...
- Catastrophe Bonds | www.Artemis.bm The Alternative Risk Transfer ...
Catastrophe bond indices claw back some Sandy mark-to-market losses ... Risk premium and expected loss of the last years catastrophe bond issuance ...
- Demand raises Residential Re 2012-2 catastrophe bond to $400m ...
Nov 19, 2012 ... At a time when the catastrophe bond market is still uncertain about the impact, or otherwise, of hurricane Sandy on exposed cat bond notes it is ...
- Mexico Catastrophe Bond Expected to Be Well Received ...
Sep 25, 2012 ... A new earthquake and hurricane catastrophe bond being marketed by the Mexican government is likely to be well received by investors eager ...
- Catastrophe bonds unbowed by Hurricane Sandy | Reuters
Oct 30, 2012 ... The publicly traded catastrophe bond market, with a capitalization of about $16 billion, is still tiny - but the percentage of cat bonds with ...