Although catastrophe option has been an important product of diversifying risks, but the market is still not well launched.
巨灾期权作为巨灾市场的一种主要风险转移方式，得到了学术界和巨灾风险市场的青睐。
If you are to avoid catastrophe when confidence evaporates, as it has done in the recent turmoil, the only option is for the state to underpin the core financial institutions.
当信心消失时，就像目前我们遭遇的一样，如果你想避免更大的灾难，仅有的选择是给予核心金融机构以国家支持。
If you are to avoid catastrophe when confidence evaporates, as it has done in the recent turmoil, the only option is for the state to underpin the core financial institutions.
当信心消失时，就像目前我们遭遇的一样，如果你想避免更大的灾难，仅有的选择是给予核心金融机构以国家支持。
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