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home / news releases / BSJO - Cat Bonds Can Meet New Silk Road Need


BSJO - Cat Bonds Can Meet New Silk Road Need

Based on the original article, which can be found here.

There is a potentially big opportunity for the insurance-linked securities (ILS) markets to develop parametric cat bonds that could cover some of the growing risks in Eastern Europe and Western areas of Asia.

For a wide range of historical reasons insurance penetration remains very low in various countries of the former Soviet Union, as well as Turkey and parts of former Yugoslavia. Those areas are highly vulnerable to earthquakes, such as the ones that devastated Armenia or Tashkent over the past 50 years.

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Stock Information

Company Name: Invesco BulletShares 2024 High Yield Corporate Bon
Stock Symbol: BSJO
Market: NYSE

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