Yet sometimes buyers and sellers of catastrophe bonds are a match made in heaven. Issuers hope to cover themselves against low-probability outcomes with costs that could overwhelm them.
On Wednesday, onlookers spotted a portion of the wall razed down. A portion of the pillar marking the exit of the terminus was partially damaged too. "We would investigate the incident.
Depending on how much the library’s insurance company is willing to cover for the two claims, the two floods could cost between $15,000 (“the best case scenario”) to as much as $65,000, Vasoli ...