In WillisWire’s latest podcast I discuss the impact of “Superstorm” Sandy on the Catastrophe bond market.
Key highlights include:
- Whether or not Sandy will trigger any Catastrophe bonds
- Much of Sandy’s damage resulted in flood damage absorbed by the Natoinal Flood Insurance Program (NFIP) rather than private insurance and reinsurance. Do cat bonds and collateralized reinsurance absorb any risk from the NFIP?
- How has Sandy affected secondary trading? What about new issue activity?
- Will Sandy have any long term impacts on the market?
Use the player below to download or listen to the podcast: