Quantcast

ILS

Definition:

Insurance Linked Securities transfer a specified set of risks (insurance risks) from a sponsor to investors. ILS have payouts linked to insurance losses and it is an effective way for investors to diversify their portfolio since insurance loss has little correlation with the other financial markets (equity, fixed income). See also Catastrophic Bonds

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Options Clearing Corporation (OCC)

Applies to derivative products. Financial institution that is the actual issuer and guarantor of all listed option contracts.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!





Create your free portfolio




Investing Tools

stock screener icon
Stock Screener

Find opportunities in the market using criteria based on 145 data elements.

portfolio tracker icon
Portfolio Tracker

Create a portfolio of selected assets that are updated dynamically intraday.

guru icon
Guru

Evaluate stocks that meet the investment criteria of the greatest investors.