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- Over 80% of Cat Bonds issued by AIR
Over 80% of Cat Bonds issued by AIR
- By ILS corp
- Published 11/4/2009
- ILSTV Stories
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AIR has been the modeling and calculation agent for many significant Insurance Linked Securities transactions this year, including “MultiCat Mexico 2009,” a partnership between the World Bank and Mexico to help manage catastrophe risk from multiple perils more effectively.
In 2009 to date, AIR Worldwide has modeled the risk profile for eight securities covering North America and Europe, providing cover for such perils as tropical cyclones, earthquakes, winter storms, severe thunderstorms and wildfires. The instruments employ a variety of trigger types, ranging from parametric to indemnity, modeled loss and Long-Term Aggregate Zonal Reinsurance.
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6 Responses to "Over 80% of Cat Bonds issued by AIR" 
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