Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/218955
Authors: 
Gründl, Helmut
Regele, Fabian
Year of Publication: 
2020
Series/Report no.: 
SAFE Policy Letter No. 86
Abstract: 
This Policy Letter outlines a pandemic insurance solution through a pandemic-related 'Insurance Linked Bond'. It would be originated by governments, with a principal amount to cover significant costs resulting from a pandemic. These bonds, which would be traded on a secondary market, generate a risk-adequate return for private and institutional investors that is financed through the insurance premiums paid by the public domain. In case of a pre-defined pandemic trigger event, the principal of the bond becomes available for the originating governments to cover pandemic-related costs. Through this approach, governments can insure themselves against future pandemic-related risks, while funding comes primarily from private and institutional investors.
Subjects: 
Covid-19-Crisis
catastrophe bond
public private partnership
pandemic insurance
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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