Praying for a catastrophe - Getting capital markets investors to take insurance risk, and bet on the damage caused by earthquakes, storms, air crashes and satellite failure, is a dream only partly realized. About 25 securitizations have been done. "Cat" option contracts languish on two exchanges.The market's growth is hindered by insurers' and investors' divergent valuations of the risk. It might ...
Year of publication: |
1999
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Authors: | Shirreff, David |
Published in: |
Euromoney. - London : Euromoney Publ, ISSN 0014-2433, ZDB-ID 1902325. - 1999, p. 38-43
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Saved in:
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