Essays about: "Cat bonds"

Found 3 essays containing the words Cat bonds.

  1. 1. A Causal Analysis of Cat Bond Markets

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Tim Matheis; [2023]
    Keywords : Cat bonds; Insurance-linked securities; Causal machine learning; Random forests;

    Abstract : This work is a contribution to the causal analysis of the catastrophe bond market, which has generated high excess returns over the last two decades. Since these excess returns remain partially unexplainable and the interest in catastrophe bonds is increasing, the causal study of the factors affecting their premiums is of high relevance. READ MORE

  2. 2. The Impact of Financial Crises and Natural Disasters on the US Catastrophe Bond Market

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Martina Scaroni; Felicitas Gesa Lore Elisabeth Schulze-Steinen; [2022]
    Keywords : Catastrophe Bond; Atlantic Hurricanes; Natural Disasters; Financial Crisis; Business and Economics;

    Abstract : Catastrophe (CAT) bonds bring the needs of (re)insurance companies and investors together: They insure against natural disasters by transferring risk to the capital market while at the same time promising high returns and a certain detachment from financial markets. Being an alternative investment class that has been on the rise only in recent years, academic research on CAT bonds is comparatively limited. READ MORE

  3. 3. The Effect of Natural Catastrophes on the Secondary CAT Bond Market

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Hannah Kaltenegger; Elias Stürz; [2020]
    Keywords : CAT bond; Secondary CAT bond market; Natural catastrophes; CAT bond trading; Business and Economics;

    Abstract : The impact natural catastrophes have on society has become increasingly costly in recent years. This has led to a higher need for financing, which has historically been provided by (re)insurance companies. READ MORE