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Investors embrace catastrophe bonds

Insurance companies are taking advantage of the appetite for high-yielding debt by selling bonds that can force investors to help pay for the cost of natural disasters. http://online.wsj.com/news/articles/SB10001424052702304049904579517710350913016?mod=WSJ_hpp_MIDDLENexttoWhatsNewsThird&mg=reno64-wsj

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