oil spill cat bond

As our readers will be aware, we’ve written recently about the potential for the insurance-linked securities and catastrophe bond marketplace to absorb some of the oil industries risks related to large oil spills and the resulting pollution liabilities.

We received so much feedback on an article we wrote a year ago on the potential for catastrophe bonds and insurance-linked securities to provide a source of reinsurance for oil spills that we decided to follow up with some insight from market participants on the subject. Last week we published a great article written by […]

As some of our readers will remember we have written previously about the potential application of insurance-linked securities and catastrophe bond type structures to cover oil spill risks and liabilities. We’ve spoken with some market participants about this idea and will be publishing the feedback we receive. Our first response was from Peter Nakada, Managing […]

Oil spill liabilities are a hot topic right now due to the environmental catastrophe that is the Deepwater Horizon oil rig. Having spewed millions of gallons of oil into the Gulf of Mexico and now cost BP over $2.5B to attempt to stop and clean up, oil spills of this magnitude are a risk to […]