The Economic Survey 2009-10 has suggested the introduction of catastrophe bonds in the Indian market, to transfer insurance risk arising out of natural calamities such as earthquakes, hurricanes and floods, to the capital markets.
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The Economic Survey 2009-10 has suggested the introduction of catastrophe bonds in the Indian market, to transfer insurance risk arising out of natural calamities such as earthquakes, hurricanes and floods, to the capital markets.
More...