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  3. Finance (general)

disaster gap

08:25 Sep 9, 2014
English to French translations [PRO]
Bus/Financial - Finance (general) / obligations catastrophes ou cat bonds
English term or phrase: disaster gap
Contexte :

"The total of all traditional reinsurance capital in Florida is right now only about USD 20 billion. As a comparison, if Florida were hit by a large hurricane, it would cost insurers between USD 150 billion and USD 200 billion. This means that in Florida alone, there is a structural deficit of more than USD 100 billion in reinsurance capital – a hole which risk-takers close with catastrophe bonds. These holes – which we call ‘DISASTER GAPS’ – form the basis for the continued need of issuers for new cat bond issues. "

Merci d'avance pour votre aide étayée par des exemples / références !
F. Guignard
Canada
Local time: 05:53



  

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