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
![]() |
Text (Handbook_of_Insurance_CatastropheBonds_Barrieu_Braun_Makariou)
- Accepted Version
Repository staff only until 4 September 2025. Download (2MB) |
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 |
---|---|
Additional Information: | © 2024 The Author(s). |
Divisions: | Statistics |
Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management |
JEL classification: | G - Financial Economics > G1 - General Financial Markets > G10 - General G - Financial Economics > G3 - Corporate Finance and Governance > G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure |
Date Deposited: | 11 Jun 2025 10:03 |
Last Modified: | 02 Jul 2025 13:06 |
URI: | http://eprints.lse.ac.uk/id/eprint/128353 |
Actions (login required)
![]() |
View Item |