Swiss manager assists Danish Red Cross in launch of world's first volcanic eruption CAT bond

The emergency relief agency Danish Red Cross has launched a catastrophe bond for volcano-related disasters with the support from Swiss asset manager Plenum Investments.
Volcanic eruption | Photo: HALLDOR KOLBEINS/AFP / AFP
Volcanic eruption | Photo: HALLDOR KOLBEINS/AFP / AFP

The Danish Red Cross has launched the world's first catastrophe bond (CAT bond) for volcano-related disasters alongside Swiss investment firm Plenum.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading