MLchartDataset catalogue

Alternative risk transfer (ART)

Term · Insurance and risk management · MLC-T-INS-000400

Innovative methods and financial instruments used to transfer or finance risks outside of the traditional insurance and reinsurance markets. ART solutions often combine elements of insurance, capital markets, and financial engineering to address complex or difficult-to-insure risks. Examples include catastrophe bonds, weather derivatives, and finite risk insurance.

Table 1. Record
IdentifierMLC-T-INS-000400
FieldInsurance and risk management
AbbreviationART
Record as JSON 
{
  "id": "MLC-T-INS-000400",
  "term": "Alternative risk transfer (ART)",
  "field": "Insurance and risk management",
  "definition": "Innovative methods and financial instruments used to transfer or finance risks outside of the traditional insurance and reinsurance markets. ART solutions often combine elements of insurance, capital markets, and financial engineering to address complex or difficult-to-insure risks. Examples include catastrophe bonds, weather derivatives, and finite risk insurance.",
  "abbreviation": "ART",
  "url": "https://mlchart.com/terminology/insurance/alternative-risk-transfer-art/"
}

Record 137 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.