Parametric 144A Cat Bonds: Innovating Risk Transfer

In this podcast episode, Dr. Marcus Schmalbach, a specialist in parametric risk trading and CEO of RYSKEX, joins Joel Appelbaum of IRMI and Captive.com to explore the evolving landscape of the captive insurance industry, parametric risk trading, and the emergence of parametric 144A cat bonds. Dr. Schmalbach sheds light on recent market innovations and their implications for the insurance and capital markets, including the key features and achievements of the Beazley and Lloyd's London Bridge 2 deal as well as the significance of Swiss Re's industry-loss triggered cyber catastrophe bond.  

He further explores how blockchain technology holds promise in transforming risk transfer processes by streamlining operations and cutting expenses. By integrating parametric modeling and AI-driven underwriting processes with blockchain-based transactions, he envisions a future where claims regulation and bidding processes are seamlessly managed.