extreme-mortality bond love

extreme-mortality bond


Sorry, no definitions found. Check out and contribute to the discussion of this word!


Sorry, no etymologies found.


Help support Wordnik (and make this page ad-free) by adopting the word extreme-mortality bond.


    Sorry, no example sentences found.


Log in or sign up to get involved in the conversation. It's quick and easy.

  • Swiss Re and Axa took the principle of [mortality derivatives] further with extreme-mortality bonds. These make a profit for the issuer if there’s a sudden spike in the death rate and thus can be used to hedge an insurer against a range of high-impact, low-probability events such as a bird flu pandemic.

    —Cris Sholto Heaton in MoneyWeek, 24 Nov. 2006

    November 26, 2008