Definitions
Sorry, no definitions found. Check out and contribute to the discussion of this word!
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word extreme-mortality bond.
Examples
Sorry, no example sentences found.
qroqqa commented on the word extreme-mortality bond
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