Hagendorff, Bjoern; Hagendorff, Jens; Keasey, Kevin - In: Journal of Financial Services Research 44 (2013) 3, pp. 281-301
Insurance securitization has long been hailed as an important tool to increase the underwriting capacity for companies exposed to catastrophe-related risks. However, global volumes of insurance securitization have remained surprisingly low to date which raises questions over its benefits. In...