The Rich Are Making an Unusual Bet on Disaster
March 25, 2025
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24:02The Hunt for a New Kind of Magnet to Power the Future | Bloomberg Primer
14:18Now PlayingThe Rich Are Making an Unusual Bet on Disaster
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as posted by the channelClimate change fueled by rich nations has made parts of the planet seemingly uninsurable. Catastrophe bonds have been sold as a clever solution that spreads the risk, and great reward, to investors. But critics say they can leave vulnerable nations out of luck when disaster strikes.
Click here to read more about this story on bloomberg.com:
Read more: The Harsh Reality of ‘Hurricane Insurance’
#Insurance #Bonds #Finance #Business #Investing
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