45. Catastrophe Bonds with Bobby Banerji

In July earlier this year Hurricane Beryl left a swathe of desolation in its wake. It was one of the strongest hurricanes to ever hit Jamaica , and the island was declared a disaster zone. But despite being covered by a Catastrophe Bond, the parametric triggers were not met, and not a single cent was paid out. Senior Compliance practitioner Bobby Banerji takes Nic and Damian on a guided tour of Catastrophe Bonds. What are they? How do they differ from other types of bonds and insurance products? What are typical features and calculation triggers? Do they act as intended? Or is there a limit to how effective they can be? Discussion panel: Nicolas Corry, Damian Taylor and Bobby Banerji Podcast Production: Alexandra Mexi If you enjoy the SKADI podcast then why not join our Discord community? There’s a treasure trove waiting for you including all the materials we use to create The SKADI Podcast. Click the link below to be part of the Tribe! ⁠⁠⁠⁠⁠⁠https://discord.gg/4KH5F9bZ2q⁠⁠⁠⁠⁠ More about SKADI: Website: ⁠⁠⁠⁠⁠⁠⁠https://skadilimited.com/⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/skadilimited⁠⁠⁠⁠⁠⁠⁠ Linked In: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/skadi-limited/?trk=top_nav_home⁠⁠⁠⁠ #bonds #catastrophe #catastrophebonds #CatBonds #parametric #Jamaica #insurance #reinsurance #disaster #finance #risk #audit #compliance #investigations #worldbank