Pandemic bonds: what are they and how do they work?
Posted by:
Roshni Shinh - Senior Trainee Actuary, Posted on:
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Categories:
Coronavirus, Insurance, Investment
Pandemic bonds transfer pandemic risk from developing countries to the financial markets. The capital raised is reserved for responding to pandemic outbreaks. In this blog we look further into what pandemic bonds are, how they work and what happened when COVID-19 occurred.