Catastrophe bond — Catastrophe bonds (also known as cat bonds) are risk linked securities that transfer a specified set of risks from a sponsor to investors. They are often structured as floating rate corporate bonds whose principal is forgiven if specified trigger … Wikipedia
Catastrophe Bond - CAT — A high yield debt instrument that is usually insurance linked and meant to raise money in case of a catastrophe such as a hurricane or earthquake. It has a special condition that states that if the issuer (insurance or reinsurance company)… … Investment dictionary
Catastrophe Call — A call provision in municipal bonds that allows for the early redemption of the instrument if a catastrophic event occurs and severely damages the project financed by the issue. Possible catastrophes will be listed in the bond s indenture and are … Investment dictionary
International Society of Catastrophe Managers — The International Society of Catastrophe Managers (ISCM) is a professional association that promotes catastrophe management professionalism within the insurance industry. Goal and objectivesISCM s goal is to provide forums for exchange of ideas,… … Wikipedia
Michael Moriarty (government official) — For other people named Michael Moriarty, see Michael Moriarty (disambiguation). Michael Moriarty is the Deputy Superintendent for Property and Capital Markets in the New York State Insurance Department.[1] Contents 1 New York State Insurance… … Wikipedia
Event-Linked Bond — A type of bond whose interest and principal payments are determined based on the non occurrence of certain events, such as earthquakes and hurricanes, which are outlined in the prospectus of the bond issue. Event linked bonds helps insurance and… … Investment dictionary
Swiss Re — For the Swiss Re Tower, London, see: 30 St Mary Axe Infobox Company company name = Swiss Re company company type = Aktiengesellschaft foundation = December 19, 1863 location=Zurich, Switzerland key people = industry = Reinsurance products =… … Wikipedia
Michael Lewis — For other people of the same name, see Michael Lewis (disambiguation). Michael Lewis Lewis in 2009. Born Michael Lewis 1960 (age 50–51) New Orleans, Louisiana Occupation … Wikipedia
Securitization — is a structured finance process, which involves pooling and repackaging of cash flow producing financial assets into securities that are then sold to investors. The name securitization is derived from the fact that the form of financial… … Wikipedia
Carmen (storm) — Formed 7 November 2010 Dissipated 19 November 2010 Countries or regions affected United States; Europe (including United Kingdom and Russia) Lowest pressure 948 mbar (hPa; 27.99 … Wikipedia
Citadel LLC — (formerly known as Citadel Investment Group, LLC) Type Private, Limited Liability Company Industry Hedge fund Management Founded 1990 He … Wikipedia
