While it is possible, there may be some justification for buying catastrophe insurance as a defense, but probably not as a money-making gamble.
If there is ever a collapse of the euro, being invested in assets that could be denominated in a German currency would amount to "catastrophe insurance, " said Peter Papadakos, of Green Street Advisors.
Not many microfinance institutions offer the services that people need most after a catastrophe: insurance, and access to their savings and to remittances from their families and friends.
Officials from the council (CEA) and the White House have kept mum about the report's findings, but we do know it will address the following issues: productivity growth, pro-growth tax policy, the fiscal challenges facing Medicare, catastrophe risk insurance, energy and infrastructure in the transportation sector, currency markets, international trade and investment and immigration.
For insurance companies, using catastrophe models that can better anticipate probable effects of climate change on extreme weather events are key.
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But this being in Florida, he also brought up an issue as popular here as ethanol is in Iowa - a proposal for national catastrophe fund that would help lower insurance rates for homeowners.
But the broad scientific consensus is that serious climate change is a danger, and this newspaper believes that, as an insurance policy against a catastrophe that may never happen, the world needs to adjust its behaviour to try to avert that threat.
Correlations between asset classes are appearing in unexpected ways, but are unlikely to reach holders of catastrophe bonds, the securities issued by insurance companies that pay tempting yields but can lose their value in the event of floods, earthquakes and the like.
It unfolds after an unnamed catastrophe and follows Turner Stull, a young insurance adjuster newly hired.
One of the earliest exotic assets was the catastrophe bond, the provision of back-up capital to insurance companies dealing with earthquakes or hurricanes.
For many of these families, emergency unemployment insurance is the last line of defense between hardship and catastrophe.
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Insurance companies, for example, could be in an EBOT to lay off risks of weather-related catastrophe claims.
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