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P&C insurers may face sudden, unpredictable needs for cash, so they like short-term, low-risk investments.
Borrowers whose debt is downgraded may face sudden death as trigger clauses push up their cost of borrowing and their access to finance dries up.
Similar(58)
"Retirees may lose their pensions as the funds dwindle, low-income and disabled people may lose their health care as costs escalate, and citizens and businesses seeking a stable environment may face steep and sudden tax increases," the report said.
We recognize that no matter how responsibly we live our lives, any one of us, at any time, may face a job loss, or a sudden illness, or a home swept away in a terrible storm.
He made one big pitch again on that stage: "We recognize that no matter how responsibly we live our lives, any one of us at any time may face a job loss or a sudden illness or a home swept away in a terrible storm.
All may face extinction.
Violators may face disciplinary action.
The deal may face obstacles.
Otherwise, it may face a civil fine.
We may face problems in the future".
And they too may face destruction.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com