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View Full Version : GIC Re may float ‘catastrophe bonds’ in US



IndiaInsurance
7th November 2013, 07:01 PM
Catastrophe bonds are risk-linked*securities that transfer a specified set of risks from the insurer to*investors. The yields offered on such bonds are higher as they carry junk status.

More... (http://www.thehindubusinessline.com/industry-and-economy/banking/gic-re-may-float-catastrophe-bonds-in-us/article5322504.ece)