Catastrophe bonds as an important segment of insurance-linked securities

Published December 2023
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CATASTROPHE BONDS AS AN IMPORTANT SEGMENT OF INSURANCE-LINKED SECURITIES

by Krzysztof BURNECKI

 width= KRZYSZTOF BURNECKI  is Head of Academic Team at Actuarial Intelligence Triangle Limited Company, Actuary, Member of the Polish Society of Actuaries, Professor at Wroclaw University of Science and Technology. (supported by NCN grant no. 2022/47/B/HS4/02139)

Innovative risk-transfer solutions can help to close identified protection gaps and increase personal and societal resilience. In this context, the insurance-linked securities (ILS) market, as a form of alternative risk transfer,
has been at the forefront. The actuarial techniques play a key role in the valuation of catastrophe instruments.

 

 

Read the column here.

 

Disclaimer:

This article represents the opinion of the author and not necessarily the opinion of the AAE.

This article was published in The European Actuary No. 36 – December 2023

The European Actuary Magazine