I mean eventually once you proceed down the financial tree you get reinsurance l... | Hacker News

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		Onavo 6 months ago \| parent \| context \| favorite \| on: The Business of Betting on Catastrophe I mean eventually once you proceed down the financial tree you get reinsurance linked securities. It's been this way for decades. It nothing new.

grvdrm 6 months ago [–]

Indeed. Simplified:

Insured->Broker->Insurer->ReinsuranceBroker->Reinsurer

Here, where you see reinsurer, instead may be: ILS fund Cat Bond

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