It’s not how the program was supposed to work. But thanks to a legal anachronism, Britain’s state-backed plan intended to...
Articles by Olivia Rudgard, Alastair Marsh and Gautam Naik
Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money...
The co-founder of Fermat Capital Management says the market for catastrophe bonds is drawing in new issuers at a rate...
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source...
Investors in catastrophe bonds are seeing a decline in risk premia to levels not seen since before Hurricane Ian hit...
An exchange-traded fund tied to bets on natural disasters has started trading in London, after becoming the first such ETF...
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk...
Litigation finance is having a bad year. After predicting huge growth as recently as January 2024, the industry is now...
A rare thing is about to happen in the $55 billion market for catastrophe bonds: a trigger event will wipe...
Investors in Jamaica’s catastrophe bond now face a 100% payout after Hurricane Melissa set off a full trigger event, according...