FIGURE 1
FROM:
Extreme Events, Global Warming, and Insurance-Linked Securities: How to Trigger the "Tipping Point"
Erwann Michel-Kerjan and Frederic Morlaye
BACK TO ARTICLEFigure 1.

Catastrophe bonds: Capital risk issued and outstanding 1997–2006 (in $ billion).
Sources: Data from Swiss Re capital markets, Goldman Sachs and Guy Carpenter.
