Catastrophe Bonds: Analysis of the Performance as an Asset Class and Evaluation of Diversification Benefits

A tétel rövid nézete
dc.contributor.advisorFazekas, Balázs
dc.contributor.authorKujbus, Sándor Gergely
dc.contributor.departmentDE--Gazdaságtudományi Karhu_HU
dc.date.accessioned2021-10-22T15:33:51Z
dc.date.available2021-10-22T15:33:51Z
dc.date.created2021-10-22
dc.description.abstractCatastrophe bonds are a major category of insurance linked securities. CAT bonds are financial instruments, that transfer catastrophic risk from companies and governments to the capital markets. These securities are an effective risk transfer mechanism, that provide reinsurance coverage to companies that otherwise wouldn’t be able to survive such losses.These instruments are also attractive to investors. Since factors that drive financial markets have no influence on the occurrence of natural catastrophes, events such as financial crises and market corrections do not affect the returns of these bonds. Therefore, these instruments provide a great deal of diversification. In my thesis analyze the performance and the diversification benefit of the asset class by comparing it to non-investment grade corporate bonds.hu_HU
dc.description.coursePénzügy és számvitelhu_HU
dc.description.degreeBSc/BAhu_HU
dc.format.extent52hu_HU
dc.identifier.urihttp://hdl.handle.net/2437/323399
dc.language.isohuhu_HU
dc.language.isoen_UShu_HU
dc.subjectkötvényhu_HU
dc.subjectbefektetéshu_HU
dc.subjectdiverzifikációhu_HU
dc.subjectbiztosításhu_HU
dc.subjectkatasztrófakötvényhu_HU
dc.subjectportfólióhu_HU
dc.subject.dspaceDEENK Témalista::Közgazdaságtudomány::Pénzügyhu_HU
dc.titleCatastrophe Bonds: Analysis of the Performance as an Asset Class and Evaluation of Diversification Benefitshu_HU
dc.title.translatedKatasztrófakötvények hozamának, diverzifikációs hatásának vizsgálata és befektetési eszközként való értékelésehu_HU
Fájlok
Gyűjtemények
Hallgatói dolgozatok (Számviteli és Pénzügyi Intézet)