How Tokenized Catastrophe Bonds Aim to Close the Disaster-Insurance Gap
Key Highlights Global natural disasters caused $220 billion in economic losses last year, with insurance covering only $107 billion according to Swiss Re data. Catastrophe bond issuance hit an all-time quarterly record of $11.3 billion in Q2, pushing the total outstanding market to $65.6 billion as of June, Artemis reported. Bermuda-based law firm Harneys and ...