Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds—...
60
Transcript of Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds—...
![Page 1: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/1.jpg)
![Page 2: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/2.jpg)
![Page 3: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/3.jpg)
![Page 4: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/4.jpg)
![Page 5: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/5.jpg)
![Page 6: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/6.jpg)
![Page 7: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/7.jpg)
![Page 8: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/8.jpg)
![Page 9: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/9.jpg)
![Page 10: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/10.jpg)
![Page 11: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/11.jpg)
![Page 12: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/12.jpg)
![Page 13: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/13.jpg)
![Page 14: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/14.jpg)
![Page 15: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/15.jpg)
![Page 16: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/16.jpg)
![Page 17: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/17.jpg)
![Page 18: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/18.jpg)
![Page 19: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/19.jpg)
![Page 20: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/20.jpg)
![Page 21: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/21.jpg)
![Page 22: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/22.jpg)
![Page 23: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/23.jpg)
![Page 24: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/24.jpg)
![Page 25: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/25.jpg)
![Page 26: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/26.jpg)
![Page 27: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/27.jpg)
![Page 28: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/28.jpg)
![Page 29: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/29.jpg)
![Page 30: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/30.jpg)
![Page 31: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/31.jpg)
![Page 32: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/32.jpg)
![Page 33: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/33.jpg)
![Page 34: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/34.jpg)
![Page 35: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/35.jpg)
![Page 36: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/36.jpg)
![Page 37: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/37.jpg)
![Page 38: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/38.jpg)
![Page 39: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/39.jpg)
![Page 40: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/40.jpg)
![Page 41: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/41.jpg)
![Page 42: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/42.jpg)
![Page 43: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/43.jpg)
![Page 44: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/44.jpg)
![Page 45: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/45.jpg)
![Page 46: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/46.jpg)
![Page 47: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/47.jpg)
![Page 48: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/48.jpg)
![Page 49: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/49.jpg)
![Page 50: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/50.jpg)
![Page 51: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/51.jpg)
![Page 52: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/52.jpg)
![Page 53: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/53.jpg)
![Page 54: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/54.jpg)
![Page 55: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/55.jpg)
![Page 56: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/56.jpg)
![Page 57: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/57.jpg)
![Page 58: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/58.jpg)
![Page 59: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/59.jpg)
![Page 60: Contract structuring for alternative capitalAlternative Capital — Today's Focus Cat Bonds— risk-linked securities via Special Purpose Vehicle (SPV), based on variety of triggers](https://reader035.fdocuments.us/reader035/viewer/2022063004/5f76ba2d2acf1d73d33f66e1/html5/thumbnails/60.jpg)