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http://dspace.lib.uom.gr/handle/2159/23070
Author: | Πασπάτη, Μαρία |
Title: | Alternative risk transfer transactions |
Date Issued: | 2019 |
Department: | Πρόγραμμα Μεταπτυχιακών Σπουδών Ευρωπαϊκές Σπουδές στις Διεθνείς Υπηρεσίες και Συναλλαγές |
Supervisor: | Κιόχος, Απόστολος |
Abstract: | The constantly increasing growth of insured losses due to nature related catastrophic events (i.e. sudden events that cause significant losses to an individual or a group of people) has pressured the reinsurance industry to consider and develop alternative risk transfer products and transactions. These products are designed to alleviate the risk, in whole or partly, by putting into effect securitisation mechanisms in order to access adequate liquidity funds. Among them, Catastrophe (CAT) risk bonds are designed to transfer the financial consequences of natural catastrophic events (e.g. floods, hurricanes, earthquakes etc.) from the issuers to investors. CAT bonds quickly became popular, as they have been shown to successfully cover the insurers' liabilities, while, on the same time, they protect traditional reinsurance providers and governmental budgets. |
Keywords: | Alternative risk transfer Natural catastrophe Natural hazard insurance - reinsurance Liquidity Catastrophe bonds |
Information: | Διπλωματική εργασία--Πανεπιστήμιο Μακεδονίας, Θεσσαλονίκη, 2019. |
Rights: | Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές |
Appears in Collections: | ΠΜΣ Ευρωπαϊκές Σπουδές στις Διεθνείς Υπηρεσίες και Συναλλαγές (Μ) |
Files in This Item:
File | Description | Size | Format | |
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PaspatiMariaMsc2019.pdf | 7.08 MB | Adobe PDF | View/Open |
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