Cat-Bonds and PPP: An Interesting Financing Idea in Times of Recession
Posted: 6 May 2009
Date Written: November 3, 2008
Abstract
This article should serve as an introduction into cat-bonds, how they work and what advantages they have in portfolio construction.
It also the possibility merging two familiar concepts, cat-bonds and Public Private Partnership (PPP). By doing so, infrastructure could be financed in a way that would help balance sheets to show lesser a burden than with "normal" debt financing.
Keywords: cat bonds, catastrophe bonds, ils, insurance linked securities, insurance, ppp, pfi, public private partnership, private finance initiative, alternative investments
JEL Classification: F35, G28, G20, G22, G30, H31, H54
Suggested Citation: Suggested Citation
Koller, Robert and Koller, Robert, Cat-Bonds and PPP: An Interesting Financing Idea in Times of Recession (November 3, 2008). Available at SSRN: https://ssrn.com/abstract=1399113 or http://dx.doi.org/10.2139/ssrn.1399113
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