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Zamansky LLC Investigates Catastrophe (CAT) Bonds and Insurance-Linked Securities (ILS) Purchased by Pension Funds

August 22, 2013 Blog

Zamansky LLC investigates Catastrophe (CAT) Bonds and Insurance-Linked Securities (ILS) purchased by pension funds or other institutional investors.

Zamansky LLC investigates Catastrophe (CAT) Bonds and Insurance-Linked Securities (ILS) purchased by pension funds or other institutional investors. Catastrophe bonds and Insurance-Linked Securities (ILS) are securities issued by insurance companies to insure against a known risk; for example, earthquakes in Arkansas or hurricanes in Japan. The investor purchases the CAT bond, earns a monthly return and receives back the principal if the risk insured against does not occur. If the risk does occur, then the investment is lost.

On April 9, 2013, the Insurance Journal published an article entitled “Pension Funds Looking For High Yields From Cat Bonds,” which discusses how more and more pension funds and institutional investors are purchasing CAT bonds to boost yields. The article reports not only on the increase in offerings since 2007, but also states that CAT Bonds have gone “mainstream.”

According to investment fraud lawyer Jacob Zamansky, CAT bonds and ILS are fraught with potential risks for investors, even highly sophisticated ones. For some pensions or institutional investors, the risks of CAT bonds or ILS may not be appropriate, Zamansky states. There also is no developed or regulated market for these products so that there is potential for pensions or institutional investors to misapprehend or even be potentially misled about the risks.

What Investors Can Do

If you invested in a CAT Bond or ILS, or had exposure through a pension or other fund investment, and would like to discuss your legal rights, you may, without obligation or cost to you, email jake@zamansky.com or call the law firm at (212) 742-1414.

About Zamansky LLC

Zamansky LLC is a leading stock law firm specializing in securities class actions, securities arbitration, and litigation over stock broker fraud. We are securities fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover investment losses.

To learn more about Zamansky LLC, please visit our website, https://www.zamansky.com.

Contacts
Zamansky LLC
50 Broadway – 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake@zamansky.com

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