Barrieu, Pauline ORCID: 0000-0001-9473-263X, Braun, Alexander and Makariou, Despoina
ORCID: 0000-0002-9001-2122
(2024)
Catastrophe bonds.
In:
Handbook of Insurance: Volume I: Third Edition.
Springer Nature, pp. 169-194.
ISBN 9783031695605
Abstract
Catastrophe bonds are one of the most important innovations in the risk transfer landscape of the last three decades. This chapter is a comprehensive discussion of catastrophe bonds. We contextualize catastrophe bonds within the broader context of alternative risk transfer and alternative capital, introduce the relevant terminology, explain the main structural and market characteristics, discuss the state of the art in catastrophe bond pricing, and provide an outlook for further developments in this area. Throughout the whole chapter, we highlight relevant academic research combined with current evidence from industry practice.
Item Type: | Book Section |
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Additional Information: | © The Author(s). |
Divisions: | Statistics |
Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management |
Date Deposited: | 11 Jun 2025 10:03 |
Last Modified: | 11 Jun 2025 16:03 |
URI: | http://eprints.lse.ac.uk/id/eprint/128353 |
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