ReportRisk Management

Catastrophe Bonds

Organizations Involved: Environmental Defense Fund Source: Initiative on Climate Risk and Resilience Law Abstract Catastrophe bonds are the most well-known type of ILS to transfer catastrophe risk to capital market investors and the second-largest according to volume. The first catastrophe bonds were issued in the mid-1990s and the market has…
Carolyn Kousky
September 20, 2022
ReportRisk Management

Parametric Insurance for Disasters

Organizations Involved: Environmental Defense Fund Source: Initiative on Climate Risk and Resilience Law Abstract The concept of parametric insurance, while not new, is getting increased attention as a way to provide faster and more flexible funds to victims of disasters and as a tool to provide post-disaster funds for emerging…
Carolyn Kousky
September 20, 2022