What follows here is a recipe for insuring your portfolio against apocalyptic financial perils.
If you can afford to absorb those occasional casualties yourself, you save money by not insuring.
In reality, securitizing and insuring residential mortgages should be predominantly a private sector activity.
Click here to see the ten most expensive states for insuring a home, according to NAIC.
The current agreement has the effect of insuring its equity stake against market risk.
Hagerty is the CEO of Hagerty Insurance Agency, which specializes in insuring classic cars.
The cost of insuring against U.S. government debt, while still low, has grown significantly since mid-May.
Most prefer old-fashioned prudence, which at present dissuades them from insuring it at all.
That includes the cost of spare engines and insuring planes in case of accidents.
And consider the fact that an annuity is a way of insuring against that bad possibility.
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Meanwhile the cost of insuring against a default by Bank of America has shot up.
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Dealers say the Greek market is quite illiquid since insuring against default is so expensive.
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It is also a tool to offset the cost of insuring the very ill.
Insurance companies have a pretty good idea of the risk of insuring a specific individual and property.
How would you like to go into the insurance business, collecting premiums for insuring people against catastrophes?
Shivan Subramaniam, FM's CEO, says business insuring just new chemical facilities is up substantially over previous years.
Defending, and hence insuring against, personal-injury lawsuits has indeed become much more costly in the past decade.
AXA, a French insurer, backed out of insuring the 2002 tournament in Asia after that day's attacks.
Clorox deploys cross-functional teams to continually prune its product portfolio, insuring that remaining products meet their volume targets.
He says insurers raise rates on repeat offenders to account for the higher risk of insuring such drivers.
And although slavery itself was certainly profitable, it is less clear whether Aetna made money from insuring it.
The cost of insuring Icelandic debt fell to less than a third of the price in early 2009.
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At the same time, the cost of insuring against a Portuguese sovereign default has hit another record high.
Pricing risk correctly remains the biggest problem, as Lloyd's continues to undercut competitors' prices for insuring exotic risks.
Other life insurers, who consider the company to be a leader in insuring high-risk groups, are watching carefully.
It would have been like insuring beachfront houses as a hurricane bore down.
The expansion could have a monumental impact by insuring one million newly eligible people in the first year alone.
But we can afford reasonable risk management: insuring against the truly catastrophic, low-probability events that hopefully never afflict us.
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Insurance companies would see that insuring 300 million-plus guns is a huge market.
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