Returns on World Bank cat bonds issued since 2012

For each tranche of World Bank cat bonds issued since 2012:

i. The length of time on risk;
ii. The final pricing spread;
iii. The final size of the tranche;
iv. The amount of premium earned while on risk, less any payouts; and
v. That premium expressed as an annualised return on invested collateral

- Premium on bonds which were triggered assumed to have stopped being paid at date of trigger event
- Premium on bonds which are still on-risk calculated up to 30 September 2024
Source: Insurance Insider ILS