by Toby Pughe FCII and Kirill K. Savrassov With the BRI, new infrastructure have been constructed. But natural disasters can threaten large infrastructure projects and create financial turmoil in developing countries along the new Silk Road. Insurance-Linked Securities can mitigate this risk, but local authorities need to know more about this tool. The protection […]
by Kirill Savrassov Chief executive, PhoenixCRetro, London, UK Countries in Central Asia and Eastern Europe that have been recipients of Chinese investment via projects associated with its Belt and Road Initiative (BRI) should use parametric sovereign cat bonds to insure themselves against the risk of natural disasters, believes Kirill Savrassov, an insurance-linked securities (ILS) and sovereign […]
