catastrophe bonds News
Cat Bond Investors Demand Higher Premiums as Weather Becomes More Extreme
Investors in the $35 billion catastrophe bond market are demanding the highest premiums in years to cover issuers against disasters, as weather events become more extreme ...
World Bank Seeks to Restart Cat Bond Issuance to Boost Emerging Nations’ Resilience
The World Bank is looking to restart the issuance of catastrophe bonds to help developing countries improve their preparedness for losses from natural disasters.
Hurricane Ian Threatens Heavy Losses for Catastrophe Bondholders
Investors who backstop Florida's insurance industry by buying catastrophe bonds are girding for substantial losses from Hurricane Ian, threatening to crimp a key source of capital for the sector and ...
Catastrophe Bonds: The Next Frontier for Socially Responsible Investing
Catastrophe bonds are being hailed as the next frontier for socially responsible investing. Such debt, which insures against natural disasters such as hurricanes, earthquakes and pandemics, is ...
COVID-19 Couldn’t Stop Robust Quarter for ILS Issuance: Aon
Usage of insurance linked securities the first six months of 2020 is already 20 percent higher than all of 2019, underscoring the sector's momentum and resilience even with the coronavirus pandemic, ...
Pandemic Bonds Get Stay of Execution but Their Future Remains Uncertain
A ruling last week not to wipe out holders of a World Bank financial instrument providing emergency funds to poor countries in a pandemic, was just a stay of execution if bond markets are to be ...
Disaster-Prone Philippines Taps Catastrophe Bonds
The Philippines, among the world's most disaster-prone nations, sold its maiden foreign-currency catastrophe-linked bonds to help cover costs of major calamities, in conjunction with the World Bank. ...
Pool Re Sells First Terror Catastrophe Bond
A U.K. reinsurer has sold the first terror catastrophe bond, giving investors the chance to lock in high yields in return for taking on terrorism risks. The 75 million-pound ($99 million) three-year ...
Philippines Explores Plan to Sponsor Catastrophe Bond Issue
The Philippines' finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American ...