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Insurer Hiscox Syndicates said it sold a $33 million bond designed to insure it against losses caused by earthquakes, a first-ever for a Lloyd's syndicate.
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A spokesman from Lloyd's insurer, Canopius, said: "For Min-Jin Kym, her violin is priceless and insuring it against theft can never reflect the emotional cost of her loss.
Most telling of all, Washington deregulated Wall Street while insuring it against major losses.
Manage risk by planning for it and insuring against it, building against it and defending against it.
The European Central Bank opposes another plan that would have it buy the bonds with the fund insuring it against losses.
A cruise company in Scotland decided it was better to be safe than sorry when it insured its tourist boats against damage by the Loch Ness Monster.
In this paper we consider situations in which the parties are in disagreement about the allocation of a certain risk, and either party could have acted ex-ante to prevent breach, to lower its probability or to insure against it ("least-cost avoidance" in tort law), but neither did so.
But we insure against it.
Policymakers have a responsibility to implement a workable way to insure against it.
So Pearson decided that there must be better ways of dealing with risk than to insure against it.
To insure against it, a masseuse, a nutritionist and a personal trainer will visit her apartment before and after each day's work.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com