How do catastrophe bonds work?
A step-by-step guide to the cat bond lifecycle, from sponsor risk identification through SPV creation, investor participation, coupon payments, trigger mechanics, and maturity.
ILS101 Blog
Insurance-linked securities articles
Guides and articles on catastrophe bonds, ILS market structure, parametric insurance, reinsurance, and professional development. Written for insurance and capital markets professionals.
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ILS vs traditional reinsurance
A side-by-side comparison of insurance-linked securities and traditional reinsurance covering collateral, credit risk, capacity, pricing, flexibility, and basis risk.
What is parametric insurance?
How parametric insurance works, what triggers are used, what basis risk means, and where parametric products are used from sovereign risk pools to agriculture and energy.
Cat bond market 2026
An overview of the catastrophe bond market in 2026. Market size, issuance trends, spread dynamics, new perils, investor base broadening, and what is driving growth.
CPD for insurance professionals
What CPD means, why it matters for insurance and reinsurance professionals, what activities count, and how to earn 50 CPD hours in insurance-linked securities.
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ILS101 offers 50 CPD hours of structured learning across catastrophe bonds, pricing, triggers, parametric insurance, and risk transfer.
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