Act Of God Bond

Act Of God Bond
A bond issued by an insurance company, linking principal and interest to a company's losses due to natural disasters. Act of God bonds are issued by insurers to protect against unforeseen events.

Such bonds create flexibility for insurance companies if an unforeseen natural disaster occurs. Because principal and interest depend directly on losses resulting from natural disasters, the insurance company can soften the financial strain by delaying, reducing or eliminating payment of the bond.


Investment dictionary. . 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • GOD — IN THE BIBLE The Bible is not a single book, but a collection of volumes composed by different authors living in various countries over a period of more than a millennium. In these circumstances, divergencies of emphasis (cf. Kings with… …   Encyclopedia of Judaism

  • God of War (video game) — This article is about the 2005 video game. For other games in this series and/or other uses, see Gods of War. God of War …   Wikipedia

  • Cat-Bond — Cat Bonds, auch Katastrophenanleihen oder Act of God Bonds sind Hochzins Anleihen, die dem Emittenten – in der Regel Versicherungsunternehmen oder Rückversicherer dazu dienen, den finanziellen Schaden, der ihnen durch Naturkatastrophen entsteht,… …   Deutsch Wikipedia

  • List of James Bond henchmen in Diamonds Are Forever — A list of henchmen from the 1971 James Bond film and novel Diamonds Are Forever from the List of James Bond henchmen. Contents 1 Mr. Wint and Mr. Kidd 1.1 Film 1.2 Novel …   Wikipedia

  • List of James Bond henchmen in GoldenEye — This is a list of henchmen from the James Bond 1995 film GoldenEye . Xenia Zargevna OnatoppJames Bond Character bgcolor=#000 fgcolor=#fff name=Xenia Onatopp portrayed=Famke Janssen gender=Female affiliation=Soviet Military / Janus role=Bond girl… …   Wikipedia

  • List of James Bond henchmen in Live and Let Die — A list of henchman from the 1954 James Bond novel and 1973 film Live and Let Die from the List of James Bond henchmen.Tee Hee JohnsonJames Bond Character bgcolor=#000 fgcolor=#fff name=Tee Hee Johnson portrayed=Julius Harris gender=Male… …   Wikipedia

  • To call a bond — Call Call (k[add]l), v. t. [imp. & p. p. {Called} (k[add]ld); p. pr. & vb. n. {Calling}] [OE. callen, AS. ceallian; akin to Icel. & Sw. kalla, Dan. kalde, D. kallen to talk, prate, OHG. kall[=o]n to call; cf. Gr. ghry ein to speak, sing, Skr. gar …   The Collaborative International Dictionary of English

  • Henry Bond — photographed on Kensington High Street, London, September 2010 Born June 13, 1966 ( …   Wikipedia

  • Mann Act — The White Slave Traffic Act, better known as the Mann Act, is a United States law, passed June 25, 1910 (ch. 395, 36 Stat. 825; codified as amended at 18 U.S.C. §§ 2421–2424). It is named after Congressman James Robert Mann,… …   Wikipedia

  • KABBALAH — This entry is arranged according to the following outline: introduction general notes terms used for kabbalah the historical development of the kabbalah the early beginnings of mysticism and esotericism apocalyptic esotericism and merkabah… …   Encyclopedia of Judaism

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”