Abstract
In the insurance-linked securities (ILS) market, where trends in underlying (reinsurance) prices are hard for outsiders to discern, secondary market prices could provide valuable investor information. So far, the market has provided little price information aside from new issue prices. The author provides his views on what behavior might be expected in a robust ILS secondary market, what information might be obtained, and how value changes might be measured and interpreted.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 46-52 |
| Number of pages | 7 |
| Journal | Journal of Risk Finance |
| Volume | 2 |
| Issue number | 4 |
| DOIs | |
| State | Published - 2001 |
| Externally published | Yes |
ASJC Scopus subject areas
- Finance