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发帖数: 800 | 1 ☆─────────────────────────────────────☆
eeguy (lostsheep) 于 (Thu Mar 8 03:45:24 2007) 提到:
So-called “act-of-god bonds” help provide reinsurance against natural
disasters of magnitude greater than $1 billion for a specified set of
insurance companies in a given
region for a given hazard (e.g., hurricanes in Florida). Consider an
investor who has the option to invest
her given wealth w in act-of-god bonds which provide a 30% return if no
disaster occurs in the next
12 months, and a -30% retu |
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