For those who might not be familiar, CAT bonds refers to catastrophe bond that provides a high yield, but absorbs losses when there are insurance losses.
It seems to be an interesting way to produce additional yield with a relatively independent source of return, and might be a source of diversification. But it seems to be quite limited in ability to access.
Are there any good instruments to have exposure on them? Or would investing in Reinsurers/insurers be the only viable way to have proxy exposure to the risks?
Submitted October 18, 2023 at 01:16AM by markpreston54 https://ift.tt/Ehd8pJW
