Even if Italy is a country with a very high exposure to catastrophes, the diffusion of CAT Bonds and similar instruments is absolutely not wide among the companies. The paper investigates the demand side of the lack of diffusion of CAT Bonds in Italy from both the legal and the economic point of view. To give empirical evidence to the theoretical results, a survey is conducted on a sample of 647 Italian companies and economic operators of different sizes and industries potentially highly exposed to Catastrophes.
CAT BONDS: WHY IS THE HORSE NOT DRINKING? A SURVEY ON THE ITALIAN COMPANIES’ MARKET / Candian, Albina; Cacciamani, Claudio; Landini, Sara; De Felice, Alessandro; Negri della Torre, Alessandro; Allodi, Evita; Mugelli, Caterina; Zaccariotto, Chiara; Benarafa, Jihane; Giorgia Antonaci, Lavinia; La Fata, Francesco; Perrella., Claudio. - In: DIRITTO DEL MERCATO ASSICURATIVO E FINANZIARIO. - ISSN 2531-5234. - 2/2020:(2021), pp. 445-472.
CAT BONDS: WHY IS THE HORSE NOT DRINKING? A SURVEY ON THE ITALIAN COMPANIES’ MARKET
Claudio Cacciamani
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2021-01-01
Abstract
Even if Italy is a country with a very high exposure to catastrophes, the diffusion of CAT Bonds and similar instruments is absolutely not wide among the companies. The paper investigates the demand side of the lack of diffusion of CAT Bonds in Italy from both the legal and the economic point of view. To give empirical evidence to the theoretical results, a survey is conducted on a sample of 647 Italian companies and economic operators of different sizes and industries potentially highly exposed to Catastrophes.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
