I watched this Dutch documentary series (Planet Finance by VPRO) and one of the episodes covered a thing called Catastrophe Bonds (CAT Bonds): https://www.yout

I watched this Dutch documentary series (Planet Finance by VPRO) and one of the episodes covered a thing called Catastrophe Bonds (CAT Bonds): https://www.youtube.com/watch?v=jEwYDl5tl-s&list=PLuECoz9_QThTGx03hEm1TSBBR3TdhXDIT&index=5 https://www.youtube.com/watch?v=jEwYDl5tl-s&list=PLuECoz9_QT... There is a good write up in the Chicago Fed about them and how they work https://www.chicagofed.org/publications/chicago-fed-letter/2018/405 https://www.chicagofed.org/publications/chicago-fed-letter/2... And the FT did a recent piece on it too: https://www.ft.com/video/b3e44987-107d-49cd-b2b4-397a10bc3af1?playlist-name=latest&playlist-offset=3 https://www.ft.com/video/b3e44987-107d-49cd-b2b4-397a10bc3af... I expect that this will become more common in the future.