Stores catastrophe-linked securities contracts information.
CEDE 2024 (12.0) Database Reference
tCatBondCompanyType Table
| Creation Date | 3/9/2023 12:04 PM |
| File Group | PRIMARY |
| Text File Group | |
| System Object |  |
| Published for Replication | |
| Rows | 2 |
| Data Space Used | 8.00 KB |
| Index Space Used | 8.00 KB |
| Column Name | Description | Datatype | Length | Allow Nulls | Default | Formula | |
|---|---|---|---|---|---|---|---|
 | CatBondCompanyTypeCode | Indicates the insurance or reinsurance company code associated with the catastrophe bond. | varchar | 10 | |||
| Description | A Catastrope Bond (CB or Catbond) is used to raise money in case of a catastrophe, such as a hurricane or earthquake. It has a special condition that states if the issuer (insurance or reinsurance company) suffers a loss from a particular predefined catastrophe, then its obligation to pay interest and/or repay the principal is either deferred or completely forgiven. | varchar | 4000 |  |