Is this the Year for Catastrophe Bonds?

Wednesday, May 25, 2011

It's been a bad year for insurance companies as they could face as much as $10 billion from weather-related losses this year alone from severe tornadoes, hurricanes and floods. But what does this mean for the catastrophe bond market? Louise Story, Wall Street and finance reporter for The New York Times explains.

Guests:

Louise Story

Comments [1]

Richard Carlson from Athens, Ohio

IF insurance companies envision these catastrophes as at least partially man-made, like climate change, what then? Acts of God become acts of selfish people...and what will that do to the rates, to the payoffs, to the market? What kind of insurance will Louise buy for her house then?

May. 25 2011 08:31 AM

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