Article 100 The method of calculation of a risk unit and the plan for managing the catastrophe risk of an insurance company shall be approved by the financial supervision and regulation department.

The Catastrophe!

The Catastrophe!

For example, rather than trying to regulate away problems, which probably won't work, if we could price into the cost of doing business, the cost of catastrophe, so that people who are doing things that had a higher cost of catastrophe would have to take insurance against that risk.

It's a catastrophe.

Before the disaster, Japan issued about 1.5 billion in earthquake related catastrophe bonds as a risk management device the debt is canceled if a precisely defined seismic event occurs. This design helped spread the earthquake risk from Japan to foreign investors, who could accept the risk and were enticed by higher expected yields.

What is the Catastrophe?

What is the Catastrophe?

So this is a catastrophe.

... and then a catastrophe happened.

The Politics of Cosmic Catastrophe

When the Greatest Catastrophe befalls

When the Greatest Catastrophe befalls

This effective exemption from the risk of bankruptcy means that anyone who lends to the largest half dozen banks receives a government guarantee free insurance against the risk of a catastrophe. This allows these banks to obtain more debt financing on better terms (from their perspective).

Sixty Years of the Palestinian Catastrophe

Then, when the Great Catastrophe comes

Then, when the Great Catastrophe comes

Thamood and Aad denied the Catastrophe.

Thamood and Aad denied the Catastrophe.

But when the Great Catastrophe comes,

But when the Great Catastrophe comes,

This information can be used statistically to make a prognosis of potential risk in the occurrence of a catastrophe or for the production of thematic maps that show the spatial context in which hazards occur.

CAMBRIDGE Financial commentators have likened Japan s earthquake, tsunami, and nuclear catastrophe to derivatives role in the 2008 financial meltdown. The resemblance is clear enough each activity yields big benefits and carries a tiny but explosive risk.

This is a catastrophe waiting to happen again.

What will show you what is the Catastrophe?

What will show you what is the Catastrophe?

The international community is now charged with thinking about how to reorganize the financial sector and minimize the risk of similar catastrophe in the future. Until now, a major part of the problem was countries unwillingness to cooperate.

Hedging instruments such as so called catastrophe bonds can help insure against the increasing risk posed by natural disasters. Other financial instruments, such as green stock indices and green bonds, can help reallocate investment to sectors that support environmentally sustainable growth.

And she reaches into her pocket and pulls out a catastrophe.

If it were fully implemented, which is unlikely, it would constitute a revolution in risk management in the US similar to that of the creation of Social Security in 1934. But preparation for catastrophe does not have to reside exclusively with the government.

Indeed, catastrophe could arise simply from technical misadventure error rather than terror.

My roommate had a single story of Africa a single story of catastrophe.

But when there comes the greatest catastrophe (i.e. the Day of Recompense, etc.),

But when there comes the greatest catastrophe (i.e. the Day of Recompense, etc.),

Thereupon a shocking catastrophe seized them, and they remained prostrate in their dwellings.

Thereupon a shocking catastrophe seized them, and they remained prostrate in their dwellings.

The magnitude of the catastrophe requires a commensurate response from the global community.

The fact that a catastrophe is unlikely to occur is not a rational justification for ignoring the risk of its occurrence. Suppose that a tsunami as destructive as the one in the Indian Ocean last year occurs on average once a century and kills 250,000 people.

Thereupon a shocking catastrophe seized them, so that they lay prostrate in their dwellings.

Thereupon a shocking catastrophe seized them, so that they lay prostrate in their dwellings.

We Indonesians know too well the enormous suffering that a natural catastrophe can bring.

The apocalyptic bombast is even more disturbing. According to Angel Gurría, Secretary General of the OECD, our planet is warming dangerously, and we need to act now to avoid catastrophe the United Nations climate chief, Christiana Figueres, maintains that global warming means that the world economy is at risk.

As shock gave way to anger and despair, the leaders of every nation not merely those represented at the Conference would ask what events had led to the catastrophe and whether they could have done more to reduce the risk by strengthening the regime designed to do so.

O People! Fear your Lord. The catastrophe of the Last Hour shall be terrible indeed

O People! Fear your Lord. The catastrophe of the Last Hour shall be terrible indeed