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So either Greece looks disproportionately shakey to bondholders (you don't say), or it's been over-insured by its bondholders, or it's been insured by people who don't yet own any Greek bonds, but who want to cash in when it defaults.
About half of the deals had been insured by syndicates or companies at Lloyd's of London.
"What we see is a lot of properties that have been insured by FEMA that were built when there was a wide beach and a big sand dune.
If it proceeds, the company will seek $12 million, a sum representing the bonuses, which had been insured by Armstrong's team, as well as legal fees.
In a related move, S.& P. also downgraded hundreds of municipal and corporate bonds that had been insured by ACA, because they no longer carried the protection of an A-rated insurer.
In every sense of the word it was a grand concert; M. Berlioz's orchestra, both in magnitude and quality, being equal to the expression of his grandest ideas; and correctness having been insured by a series of careful rehearsals.
Similar(42)
People in Germany who are not part of the statutory insurance system can be insured by private health insurance companies.
It would even be more cost-effective to just let all households be insured by providing "free" insurance.
Of all patients, 45% were insured by one health insurer: AGIS [ 10].
The proportion of a population in a country that is insured by a given insurance company should be accounted for.
For example, the price of medical services, which is insured by public health insurance, changes every 2 years in Japan.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com