Can Catastrophe Bonds Insure the Uninsurable?

Climate change fueled by rich nations has made parts of the planet seemingly uninsurable. Catastrophe bonds have been sold as a clever solution that spreads the risk, and great reward, to investors. But critics say they can leave vulnerable nations out of luck when disaster strikes.

Read more: The Harsh Reality of ‘Hurricane Insurance’
https://www.bloomberg.com/features/2024-jamaica-hurricane-catastrophe-bonds/?sref=omvmmwIg?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article

00:00 – 01:00 = Intro
01:00 – 03:03 = What is a catastrophe bond?
03:03 – 07:06 = Jamaica’s cat bond after Hurricane Beryl
07:06 – 08:16 = The science of structuring a cat bond
08:16 – 09:21 = Risk modeling using synthetic storms
09:21 – 11:32 = Who benefits from catastrophe bonds?
11:32 – 12:54 = Building climate resilience
12:54 – 14:17 = Outro

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