Mitigating Extreme Risks through Securitization

Submitted on 16th May 2019

Sponsored by the Society of Actuaries Research Expanding Boundaries Pool, this research report introduces readers to Insurance-linked securities (ILSs) emphasizing catastrophe bonds (CAT) and industry loss warranties (ILWs). The report also discusses the pricing of ILSs and issues in utilizing them as hedging tools.

Length of Resource
53 pages
Author
Jose H. Blanchet, Henry Lam, Qihe Tang, Zhongyi Yuan
Date Published
Publication Type
paper
Resource Type
academic