Catastrophe

Source: hotlist.msn.com --- 14 days ago
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Source: www.moreover.com --- 12 days ago
Owlia Yusuf Ibrahim's family used to be relatively prosperous Drought in the Horn of Africa is deepening after the failure of annual rains, and the UN estimates that more than 14.5 million people are in need of humanitarian assistance. The BBC's Adam ...

Source: www.moreover.com --- 2 days ago
Safe navigation of the region's rivers provides about 200,000 jobs and $10 billion in wages, according to the Port of Pittsburgh Commission. ...

Source: online.wsj.com --- 6 days ago
Bad weather has cost U.S. property insurers over $5 billion in second-quarter claims and could push the industry to an underwriting loss. ...

Source: uk.reuters.com --- 12 days ago
LONDON (Reuters) - Forced asset sales that have frozen major markets in the credit crisis have caused barely a ripple in the $22 billion (11 billion pound) Catastrophe bond market this year and instead only enhanced its liquidity. ...

Source: www.chicagotribune.com --- 6 days ago
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Source: thesonnetboard.yuku.com --- 1 day ago
Catastrophe of Sparrows I often share my morning meal with birds, croissants beside a glittering marina shadowed by the towers. In the words ... ...

Source: www.crooksandliars.com --- 4 days ago
Remind me again, why would anyone want to vote Republican? It’s quite a list. ...

Source: www.startribune.com --- 2 days ago
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Source: www.moreover.com --- 4 days ago
Health Insurance Magazine Jul 2 2008 4:27AM GMT ...

Source: seekingalpha.com --- 7 days ago
David Enke submits: There is an interesting article in Barron's this week regarding Catastrophe bonds. Basically, Catastrophe ("CAT") bonds are similar to normal bonds in that you invest a principal in return for periodic coupons. Once the bond matures, you receive your principal back - hopefully. The hopefully part is where these bonds are slightly different. Yes, with all bonds you have the risk of losing your principal, but for CAT bonds it is less about credit risk, and more, obviously, about catastrophic risk. In most cases this is a binary proposition. If there is no event, you get all your money back. If there is an event, you do not get anything back. In return you get a nice coupon to compensate for the risk you are taking. After Hurricane Katrina, one CAT bond tranche was offered by Swiss Re with an annual coupon of near 40%. In fact, CAT bonds have returned over 33% from 2005 to this May, ahead of the 19.1% offered by the Lehman High Yield Corporate Bond Index over the same time frame. A additional benefit of CAT bonds, beyond the high yields, is that their returns are often uncorrelated with the returns of other equity or fixed income investments, providing another vehicle for diversification. Complete Story » ...

Source: blog.mlive.com --- 7 days ago
Gloss it over all you want with excuses, shrugs and blaming other for a growing national crisis of childhood obesity, but the stark fact remains: Our kids are fat, and they are getting fatter. A third of all children ages... ...

Source: www.metro.co.uk --- 3 days ago
A farmer in Germany has learned a harsh lesson about the dangers of smoking, with the aid of a runaway tractor and a load of potatoes. ...

Source: www.northernstar.com.au --- 5 days ago
By ANDY PARKS A 'MONSTER moggie' that threatens to devastate native wildlife is how the Friends of the Koala has described the%Savannah cat that three Austra... ...

Source: www.myantiwar.org --- 4 hours ago
When it is mentioned at all, the war in Afghanistan is presented as a humanitarian, nation-building operation. The reality is that the occupation is itself creating a humanitarian disaster. In the summer of 2007 the International Committee of the Red Cross reported that the situation in Afghanistan was becoming desperate: ?Civilians suffer horribly from mounting threats to their security, such as increasing numbers of roadside bombs and suicide attacks, and regular aerial bombing raids?Thousands of people have fled their homes and are continuing to move in search of safer areas?. The Red Cross report said that the local population was suffering particularly badly in the south where the fighting has been heaviest and where most British troops are based. Afghanistan is now one of the poorest and most underdeveloped countries in the world. It stands at 174 out of the 178 countries on the UN?s world development index. More than one third of children suffer malnutrition. Seven per cent of under-fives die of hunger. Life expectancy is 44, health care is non-existent for the majority of Afghans and the country has one of the highest maternal mortality rates in the world. The authoritative Senlis report says that only two countries in the world have worse child poverty rates and that poverty and fighting have led to the uncontrolled spread of refugee camps across the country. The report blames this situation directly on the NATO forces? w ...

Source: www.record-eagle.com --- 22 hours ago
The sediment discharge at the Pigeon River Dam a mistake the citizens of Michigan and our natural resources cannot afford. This discharge continues to run as black as oil throughout the entire flow of the river and into Mullet Lake. The 60-acre impoundment is full of organic material, called sediment. As a result of this discharge, it killed countless numbers of fish and other aquatic life. ...

Source: www.worldradio.ch --- 2 days ago
Now you may know that the International Federation of Red Cross and Red Crescent Societies is the world’s largest humanitarian network. But what you may not know is that the organisation’s CEO - its secretary-general - is stepping down this week, after five years at the helm. Finland’s Markku Niskala will be replaced by Ethiopian Beleke Geleta. Looking back on his term in office, Mr Niskala spoke to WRS’s Catherine Allen about his experiences and his thoughts on the future. First, Mr Niskala outlined the major challenges facing the IFRC in the coming years. ...