catastrophe bond
catastrophe bond noun: a risk-linked security that transfers risk related to disasters from the issuer, typically an insurance company, to investors. Such bonds and reinsurance are backstops to insurer insolvency from unexpectedly large losses.
Noun
catastrophe bond (plural catastrophe bonds)
- A risk-linked security that transfers risk related to disasters from the issuer, typically an insurance company, to investors. Such bonds and reinsurance are backstops to insurer insolvency from unexpectedly large losses.
- As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there’s another way to fund disaster preparedness: a $600 million catastrophe bond...2025 December 1, Leslie Kaufman, “How ‘Super Roofs’ Reward Insurers, Cat Bond Investors and Homeowners. Investors snapped up a catastrophe bond tied to North Carolina homeowners and their insurer for...
- Synonyms:
- cat bond
Synonyms of catastrophe bond
Forms of catastrophe bond
| plural | catastrophe bonds |
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Questions about catastrophe bond
- What does catastrophe bond mean?
- Catastrophe bond means a risk-linked security that transfers risk related to disasters from the issuer, typically an insurance company, to investors. Such bonds and reinsurance are backstops to insurer insolvency from unexpectedly large losses.
- What part of speech is catastrophe bond?
- Catastrophe bond is a noun.
- What is the plural of catastrophe bond?
- The plural of catastrophe bond is catastrophe bonds.
Words near catastrophe bond in the dictionary
Source and license
Adapted from Wiktionary: catastrophe bond (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “catastrophe bond.” Word.ws, https://word.ws/catastrophe_bond. Based on Wiktionary, CC BY-SA 4.0.
