A high-yield, insurance-backed bond containing a provision causing interest and/or principal payments to be delayed or lost in the event of loss due to a specified catastrophe, such as an earthquake. also called catastrophe bond.
Related information about CAT bond:
- Catastrophe bond - Wikipedia, the free encyclopedia
Or it could sponsor a cat bond, which would pass the risk on to investors. In consultation with an investment bank, it would create a special purpose entity that ...
- Catastrophe Bond (CAT) Definition | Investopedia
A high-yield debt instrument that is usually insurance linked and meant to raise money in case of a catastrophe such as a hurricane or earthquake. It has a ...
- Cat Bond Returns Accelerate as 'Frankenstorm' Bears Down ...
Oct 26, 2012 ... Bonds designed to protect insurers from payouts on natural disasters are headed for the best returns since 2009 as a superstorm expected to ...
- Cat bond issuance surpasses 2011 total after deal flurry | Reuters
Nov 6, 2012 ... LONDON, Nov 6 (Reuters) - Issuance of catastrophe bonds isset to bounce back sharply from last year's levels, fuelled bynew capital as ...
- Willis WCMA Reports Sandy's Cat Bond Impact Likely to be Muted
Nov 14, 2012 ... The impact of Hurricane Sandy on the catastrophe bond market is likely to be muted based on current estimates, with little impact on new ...
- What is CAT bond? definition and meaning
Definition of CAT bond: A high-yield, insurance-backed bond containing a provision causing interest and/or principal payments to be delayed or lost in the event ...
- Fund factsheets | GAM Star Cat Bond Fund Overview | GAM Fund ...
GAM Star Cat Bond from GAM Fund Management Ltd current prices, cumulative, discrete & annual performances of funds with relative sector benchmark ...
- Reinsurance vs. Catastrophe Bonds: Comparing - Towers Watson
$12MM) than one normally sees in the cat bond market. This enabled a new cedant to come to market and capture the benefits of forming a relationship with the ...