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The Use Of Catastrophe Bonds As A Means Of Economic Development In Emerging Economies, Lauren Mattucci
The Use Of Catastrophe Bonds As A Means Of Economic Development In Emerging Economies, Lauren Mattucci
Honors Theses and Capstones
Catastrophe bonds offer a way for entities located in natural disaster prone regions to safely and efficiently transfer the risk of insuring property to the financial markets and subsequently, create a financially attractive environment for insurers and investors. The opportunity for investors to utilize modeled loss analytical platforms such as those created by AIR, Risk Management Solutions, and EQECAT, could be used to bridge the growing gap in emerging economies between economic losses created by natural disasters and insured losses. Bridging this insurance gap in emerging economies could have positive global implications for the insurance industry, global trade, foreign direct …