On this episode, Brent and I discuss CAT bonds and other Insurance Linked Securities (ILS). We go into what makes ILS important to investors, insurers, reinsurers and other stakeholders. What is a CAT bond? How do these bonds pay out? How are they valued? We go into all of that and some of Brent’s infamous nicknames.
MENTIONED ON THE SHOW:
AIR White Paper on CAT Bonds
Nature’s Casino – Michael Lewis goes deep into natural catastrophes, CAT models and CAT bonds
Book: The Black Swan
Edwards Tufte’s books