Insurance Linked Securities Face Morality Premium
“Perceptions of immorality” tied to catastrophe bonds and other insurance linked securities (ILS) may be forcing issuers to pay investors
“Perceptions of immorality” tied to catastrophe bonds and other insurance linked securities (ILS) may be forcing issuers to pay investors
While insurance-linked securities are often marketed for their “non-correlation” to credit and equity markets, ILS would not be spared losses
A weekend storm system fueled by Typhoon Vicente that has already caused over $1.5 billion in economic losses around
While the reinsurance industry may not post a systemic risk to the larger financial system, the use of “interdependent” catastrophe
A catastrophic drought hitting much of the U.S. will likely cause losses for crop insurers, but a significant federal
Over a year after the Tohoku earthquake and tsunami, Japan is seeing the largest increases in catastrophe pricing with spikes