€10billion insurer portfolio. Current market conditions favor short bond duration, reducing government bonds and mixing in … some high yield bonds. Duration matching now decreases return potential and increases risk so that Solvency 2 regulation is … to the mitigation of loss by a balance of opposing forces when bonds are reinvested. Their downside is resilient to …

considerable dispersion of investor concentrations across bonds within a firm. We then show that bonds with lower investor … concentration are more liquid. Moreover, during the COVID-19 crisis and the Great Recession, bonds within a firm with lower investor …

Do catastrophe bonds increase or decrease the exposure and contribution to systemic risk of the issuing insurance …

Credit default swaps (CDSs) are term insurance contracts written on traded bonds. This review studies the economics of …

, this risk can be transferred to capital market investors through CAT bonds, which have never been used for this purpose in … the Czech Republic. The paper deals with the theoretical background of CAT bonds, resulting in a back test simulation of a …

alternative bet is to hold a portfolio of long government bonds, drawing income and liquidating principal as necessary. There is …

.58%, is attributed to other risk natures of CAT bonds. Lastly, the liquidity premium increases dramatically after occurrences …

, this present research examines the efficiency of such markets by studying catastrophe (CAT) bonds. We collect actual …

model, data is more valuable for bonds that are volatile and for which price-insensitive liquidity trades are more likely …. Empirically, we find that the value of data on corporate bonds increases with yield, time-to-maturity, size, callability …