Insurance-linked securitization (ILS) plays an increasingly important role in the protection of
valuable real estate markets from devaluation due to climate risk. This paper critically …

We present empirical evidence from the primary market for cat bonds, which provides new
insights concerning the prevailing pricing practice of these instruments. For this purpose …

We introduce a random forest approach to enable spreads' prediction in the primary
catastrophe bond market. In a purely predictive framework, we assess the importance of …

Catastrophe bonds (CAT bonds) are risk-linked securities used by the insurance industry to
transfer risks associated with the occurrence of natural disasters to the capital markets …

Index‐linked catastrophe loss instruments have become increasingly attractive for investors
and play an important role in risk management. Their payout is tied to the development of an …

Due to their relatively high yields and low return correlations with traditional asset classes,
insurance-linked securities (ILS) are often described as an attractive investment opportunity …

The contribution at hand is a short summary of a working paper presented by Alexander
Braun at the annual meeting of the German Insurance Science Association (DVfVW) in …

The rapid growth of catastrophe bonds in financial markets is due to increasing
environmental disasters and consequent economic losses, barely covered by insurance and …

Cat bonds are short-term, floating rate instruments that act like reinsurance contracts in that
they provide issuers protection against prespecified catastrophic property losses such as …

Catastrophe (CAT) bonds are risk-linked securities used by the insurance industry to transfer
risk associated with the occurrence of natural disasters to the capital market. Despite their …