Catastrophe Bonds

Advertisement

Catastrophe Bonds Bonds issued by an insurance company with funding tied to the company's losses from disasters, or acts of God. A loss exceeding a certain size triggers a reduction in the bond value or a change in the bond structure as loss payments are paid out of bond funds. What is Catastrophe Bonds , What does mean Catastrophe Bonds , Insurance Guide, Insurance Glossary

Advertisement

Related Catastrophe Bonds Articles

  • Crop Insurance Glossary
    Crop coverage protecting the insured against loss or damage to crops from a variety of perils, including but not limited to fire, lightening, loss of revenue, t... more
  • Affiliate Insurance Glossary
    Affiliate a person or entity that directly, or indirectly, through one or more other persons or entities, controls, is controlled by or is under common control... more
  • Reserve Credit Insurance Glossary
    Reserve Credit reduction of reserve amounts for reinsurance ceded. Reductions may include the claim reserve and/or the unearned premium reserve. What is Reser... more
  • Premiums Written Insurance Glossary
    Premiums Written total premiums generated from all policies (contracts) written by an insurer within a given period of time. What is Premiums Written , What d... more
  • Federal Flood Insurance Insurance Glossary
    Federal Flood Insurance coverage for qualifying residents and businesses in flood prone regions through the National Flood Insurance Act, a federally subsidized... more
  • Health Insurance Insurance Glossary
    Health Insurance a generic term applying to all types of insurance indemnifying or reimbursing for losses caused by bodily injury or illness including related m... more
  • Swap Insurance Glossary
    Swap an agreement to exchange or net payments as the buyer of an Option, Cap or Floor and to make payments as the seller of a different Option, Cap or Floor.... more
  • Bodily Injury Insurance Glossary
    Bodily Injury physical injury including sickness or disease to a person. What is Bodily Injury , What does mean Bodily Injury , Insurance Guide, Insurance Glo... more
  • Key Persons Insurance Insurance Glossary
    Key Persons Insurance a policy purchased by, for the benefit of, a business insuring the life or lives of personnel integral to the business operations. What i... more
  • Title Insurance Insurance Glossary
    Title Insurance coverage that guarantees the validity of a title to real and personal property. Buyers of real and personal property and mortgage lenders rely u... more
  • Lloyd's of London Insurance Glossary
    Lloyd's of London association offering membership in various syndicates of wealthy individuals organized for the purpose of writing insurance for a particular h... more
  • Endorsement Insurance Glossary
    Endorsement an amendment or rider to a policy adjusting the coverages and taking precedence over the general contract. What is Endorsement , What does mean En... more
  • Group Annuity Insurance Glossary
    Group Annuity a contract providing income for a specified period of time, or duration of life for a person or persons established to benefit a group of employee... more
  • Joint and Last Survivor Annuity Insurance Glossary
    Joint and Last Survivor Annuity retirement plan that continues to payout so long as at least one, of two or more, annuitants is alive. What is Joint and Last... more
  • Commercial Earthquake Insurance Glossary
    Commercial Earthquake earthquake property coverage for commercial ventures. What is Commercial Earthquake , What does mean Commercial Earthquake , Insurance G... more
  • Admission Insurance Glossary
    Admission hospital inpatient care for any medical condition. What is Admission , What does mean Admission , Insurance Guide, Insurance Glossary
  • Creditor-Placed Home Insurance Glossary
    Creditor Placed Home single interest or dual interest credit insurance purchased unilaterally by the creditor, who is the named insured, subsequent to the date... more
  • All-Risk Insurance Glossary
    All-Risk Also known as open peril, this type of policy covers a broad range of losses. The policy covers risks not explicitly excluded in the policy contract.... more
  • Group Code Insurance Glossary
    Group Code a unique three to five digit number assigned by the NAIC to identify those companies that are part of a larger group of insurance companies. What i... more
  • Statement Value Insurance Glossary
    Statement Value the Statutory Accounting Principle book value reduced by any valuation allowance and non admitted adjustment applied to an individual investment... more
  • Warrant Insurance Glossary
    Warrant an agreement that gives the holder the right to purchase an underlying financial instrument at a given price and time or at a series of prices and times... more