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Alternative risk transfer
Risk carried otherwise than by a treaty: catastrophe bonds, index capital, captives, parametric structures, and the probability measures these instruments trade on.
101 terms144A cat bondAfrica RiskViewAggregate exceedance probability curveAlamo Re (Texas Windstorm Insurance Association, 2014)Annual aggregate cat bondARC ReplicaArea yield index insuranceAttachment probabilityBermuda Stock Exchange (BSX)Bosphorus Re (TCIP, 2013)Cape Lookout Re (NCIUA, 2019)Cat bond extension periodCat bond ratingCat bond resetCat bond spreadCat bond total lossCat-in-a-box triggerCatastrophe bond calculation agentCatastrophe Deferred Drawdown Option (Cat DDO)Catastrophe equity put (CatEPut)Catastrophe index futuresCatastrophe swapClimate resilient debt clauseCollateralized retrocessionContingent capitalCranberry Re (MPIUA, 2015)Disaster risk financingDiversifying perilDual triggerEmbarcadero Re (California Earthquake Authority, 2011)Event cancellation cat bondEverglades Re (Citizens, 2014)Expected loss on an ILS trancheFloodSmart Re (NFIP cat bonds)Florida Hurricane Catastrophe Fund bondsGlobal Index Insurance Facility (GIIF)Hedge fund reinsurerHong Kong ILS regime (2021)Hurricane Ian shock to the cat bond market (2022)Hybrid triggerILS fundILS investorsILS managerILS multipleILS secondary marketILS side pocketILS transformerIndex triggerIndex-based livestock insurance in MongoliaJamaica catastrophe bonds (2021 and 2024)Joint sovereign cat bondKortis Capital (2010)Life ILSLondon Bridge (Lloyd's)Loss creepMetroCat Re (MTA, 2013)Mexico catastrophe bond and the Chiapas earthquake (2017)Modeled loss triggerModeling agent's risk analysisMortgage insurance-linked note (Bellemeade Re)NDVI pasture insuranceOccurrence exceedance probability curvePanda Re (China Re, 2015)Parametric earthquake insuranceParametric flood insuranceParametric insurance pricingParametric pandemic insuranceParametric Re (1997)Peak perilPennUnion Re (Amtrak, 2015)PERILS AGPhilippines catastrophe bond (2019)PMFBY, India's crop insurance programPrivate cat bondPuerto Rico Parametric Re (2024)Q-forward (mortality forward contract)Rainfall index insuranceRegulation 114 trust (New York)Residential Re (USAA, 1997)SEADRIF (Southeast Asia Disaster Risk Insurance Facility)Segregated portfolio company (SPC)Singapore ILS grant schemeSovereign catastrophe bondSpecial purpose insurerSPI and SPEI drought indicesSwiss Re Global Cat Bond IndexTerrorism cat bondTotal return swap in a cat bondTotara Re (Toka Tū Ake EQC, 2023)Trapped collateralTreasury money market fund collateralUCITS catastrophe bond fundsUK insurance special purpose vehicle (ISPV)USGS ShakeMapVita Capital (2003)Weather derivativeWind production index coverWorld Bank CAR notesWorld Bank earthquake cover for Chile (2023)World Bank pandemic bonds (PEF, 2017)XXX and AXXX reserve financing