http://allaboutalpha.com/blog/2008/11/02/catastrophe-bonds-when-the-100-year-flood-really-is-a-100-year-flood/ A finance blog about hedge funds, portable alpha and alternative investing. Fri, 14 Jun 2013 15:42:28 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2008/11/02/catastrophe-bonds-when-the-100-year-flood-really-is-a-100-year-flood/comment-page-1/#comment-141196 nickgogerty Tue, 04 Nov 2008 15:46:10 +0000 http://allaboutalpha.com/blog/?p=3641#comment-141196 100 year events for a 20-30 year bond mean a 20-30% chance of occurence over the life of the bond. I think these things should be designed for 500 year events and people should think longer term. Govts need to think longer term, such as wether or not to build a city on a flood plain or in an earthquake zone etc. 100 year events for a 20-30 year bond mean a 20-30% chance of occurence over the life of the bond. I think these things should be designed for 500 year events and people should think longer term. Govts need to think longer term, such as wether or not to build a city on a flood plain or in an earthquake zone etc.

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