Published 18:58 IST, January 24th 2024
What are catastrophe bonds? Risks and benefits explained
CAT bonds pay out only under specific conditions, such as earthquakes or tornadoes, providing financial relief to insurers.
![Catastrophe bonds](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/istockphoto-1062305448-logo-170610292644316_9.webp)
Catastrophe bonds | Image:
Republic
- Listen to this article
- 3 min read
Advertisement
18:58 IST, January 24th 2024