Could cat bonds be used to hedge against oil spill liabilities?
28th June 2010Oil spill liabilities are a hot topic right now due to the environmental catastrophe that is the Deepwater Horizon oil rig. Having spewed millions of gallons of oil into the Gulf of Mexico and now cost BP over $2.5B to attempt to stop and clean up, oil spills of this magnitude are a risk to […]
Read the full article