Why catastrophe bonds are failing to cover disaster damage 

T HE SCENES of devastation in Los Angeles were just the latest in a recent barrage. Last year hurricanes in the Atlantic, earthquakes in Japan and flooding in Europe all carried huge financial and human costs. Indeed, 2024 is set to be the year with the third-biggest insured losses, adjusted for inflation, in more than four decades.

The country is no longer the most populous without a bourse

New economic research suggests so

It is a finite, sequential, incomplete information game

Bankers have plenty of reason to be hopeful

Oil prices are already at a five-month high

Pity anyone taking out a mortgage

https://www.economist.com/finance-and-economics/2025/01/16/why-catastrophe-bonds-are-failing-to-cover-disaster-damage

A source: www.economist.com/finance-and-economics/2025/01/16/why-catastrophe-bonds-are-failing-to-cover-disaster-damage