The Effectiveness of Catastrophe Bonds in Portfolio Diversification

The Effectiveness of Catastrophe Bonds in Portfolio Diversification

The rapid growth of catastrophe bonds in financial markets is due to increasing environmental disasters and consequent economic losses, barely covered by insurance and reinsurance companies. These securities represent an effective solution, allowing the risk transfer to the capital market. The objec...

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Bibliographic Details
Main Authors:	Massimo Mariani, Paola Amoruso
Format:	Article
Language:	English
Published:	EconJournals 2016-09-01
Series:	International Journal of Economics and Financial Issues
Subjects:	financial markets catastrophe bond portfolio diversification
Online Access:	https://dergipark.org.tr/tr/pub/ijefi/issue/32045/354718?publisher=http-www-cag-edu-tr-ilhan-ozturk

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