In this book it proposes fire bonds as a mechanism to provide fire reinsurance and retrocession locally for Thailands self-reliance and capial conservation. Fire bonds are a form of liability-based securitizations. To structure, an SPV is set up, on the one hand, to offer fire reinsurance protection to non-life insurers for premiums. On the other hand, the SPV sells fire bonds for cash to investors.
Published Date : 07/2018
Publisher :
Category :
Page : 60 Pages
