Catbond information

This Informationtab is available only for catbond programs.

Companies > [Company] > Programs > [catbond Program] > Program Details: Information

Name

Value

Sponsor

Name of bond sponsor (the cedant).

Modeling Firm

Name of company holding this bond.

Calculation Agent

Individual or entity that is responsible for determining value.

Manager

Name of person or entity managing this bond.

Collateral Account

Name of entity securing this bond.

Collateral

Type of investment to secure the bond.

Reference Rate

Rate used in coupon calculations for catbonds.

Trigger Type

Type of trigger specific to catbonds.

Cover Type

Annual, aggregate, or per-occurrence.

Covered Perils/Areas

Perils and areas covered by this bond.

Offering Risk Analysis 1 & 2

Offering Attachment Probability %

The likelihood the cat bond will suffer some losses over the course of the defined period.

Offering Expected Loss %

The average loss that investors can expect to incur over the course of a period divided by the principal amount invested (which typically equals the reinsurance limit).

Offering Exhausted Probability %

The probability that there will be a 100% loss to a contract, this will be less than or equal to the expected loss.

Rating Agency

Rating agency associated with bond rating.

Rating

Rating assigned to the bond.

Additional Information

Related information.