Completed Theses

Climate Change & COVID-19 - Catastrophic Bonds as a Suitable Hedging Instrument?

Type:
Master Thesis Business Administration
    Status:
    completed
    Tutor:

    Abstract

    The occurence of extreme events like floods, bushfires and pandemics increased significantly over the past decades. The work at hand investigates whether so-called catastrophic (CAT) bonds are a suitable financial instrument to hedge against risks associated with those events.