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Has a cat bond ever been triggered resulting in a total loss of principal? —Preceding unsigned comment added by 24.250.23.36 ( talk) 15:23, 10 May 2009 (UTC)
Yes, following Katrina in 2005 (Kamp Re), the Tohoku earthquake in 2011, and a series of severe convective storms in the US in 2011 (Mariah Re 1 and Mariah Re 2). — Preceding
unsigned comment added by
212.155.238.154 (
talk)
10:28, 1 June 2012 (UTC)
To the editors that keep deleting the patent section, could you elaborate on your concern? For the record, I have no commercial interest in the particular examples cited. I also moved the examples to the footnotes.-- Nowa 18:56, 18 February 2007 (UTC)
Readers beware - in this and other entries, certain contributors continue to attempt to create a legal problem for you - and even your employer - by posting patent numbers. Under current United States law in particular, a posted patent number can create an expensive legal mess - an affirmative duty that arises for you or your organization not to infringe the patent. This duty usually requires you to hire a lawyer and obtain an expensive legal opinion. Now for the worst part - the granted U.S. patent referenced below does not even relate at all to catastrophe bonds. And, as to the published patent application, it is essentially meaningless. If you want to see how ridiculous published patent applications can be, read U.S. Patent Application Publication No. 20070035812 wherein the inventor claims "exclusive rights to the ethical use and financial gain in the use of godly powers on planet Earth." In short, this inventor claims his patent-pending godly powers have been infringed by the government.
God doesn't need patents and neither does Wikipedia - an Internet dictionary should not be used to drive a contributor's hidden agenda. To be forewarned is to be fore-armed as they say, and you are now forewarned. And if you, like us, believe content contributors shouldn't be driving their hidden legal agendas - especially about dubious patent filings - let them know that this has no place on Wikipedia. Make Wikipedia a patent-free zone - take these dubious entries down. —Preceding unsigned comment added by Anonymous2003 ( talk • contribs)
In this article, members of AIR Worldwide—a catastrophe modeling firm in Boston—offer a primer on the catastrophe bond issuance process, including an overview of some of the most common structures and trigger types.
http://www.air-worldwide.com/_public/NewsData/001410/AIRCurrents_CatBond.pdf
Meagangwhite ( talk) 16:59, 8 February 2008 (UTC)
Have removed link to Atlas II as it is an article on the spacecraft and not the cat bond
Faragher ( talk) 09:12, 1 September 2008 (UTC)
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