catastrophe bonds

A form of catastrophe bond — A risk-linked security that transfers risk related to disasters from the issuer, typically an insurance company, to investors. Such bonds and reinsurance are backstops to insurer insolvency from unexpectedly large losses.

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Meanings

noun
  1. pluralplural of catastrophe bond
Cite this entry
APA

catastrophe bonds. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/catastrophe%20bonds

MLA

“catastrophe bonds.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/catastrophe%20bonds. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “catastrophe bonds,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/catastrophe%20bonds.

Source: catastrophe bonds on Wiktionary, CC BY-SA 4.0.