1·Today the frontiers of finance involve anything from weather to mortality risk, from emissions to catastrophe insurance.
而当今金融前沿涉及从气候到死亡风险,从废气排放到巨灾保险的各层面。
2·Compulsory "catastrophe insurance" -issuing convertible debt that turns into equity if a bank's core capital falls too far-is an idea Mr King views with some favour.
强制征收“巨灾保险”——发行银行核心资本过度缩水时可转成股本的可换债务——的想法得到了金先生的部分赞同。
3·Hedge funds, in particular, favour three sorts of instruments linked to the changeable climate: weather derivatives, catastrophe bonds and sidecars.
尤其是对冲基金,特别偏好三种与变化的气候相联系的金融工具:气候衍生品,巨灾债券,以及sidecars。
4·This paper deduces a model for pricing catastrophe risk bond based on the representative agent in the framework of incomplete market.
本文推导了一个不完全市场框架下的基于代表性代理模型基础上的巨灾风险债券定价模型。
5·The existing catastrophe bond pricing models are all based on the standard finance theory.
现有的巨灾债券定价模型是基于标准金融理论建立的。