Abstract
Insurance risk collateralized debt obligations will allow portfolio investors a greater opportunity to participate in insurance-linked markets and will bring additional liquidity and transparency to such markets. Insurance risk CDOs will also allow insurance and reinsurance companies to better manage their risk exposures and obtain greater capital efficiency. This article reviews the structures and features of a CDO and why insurance risk is an attractive “asset” for a CDO.
Volume
14
Page
28 ‐ 32
Number
1
Year
2008
Categories
Reinsurance and Alternative Risk Transfer
Publications
Journal of Structured Finance
