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Maroc Maroc - THESTAR.COM.MY - Business News - 05/Dec 16:00

Super scheme blows the roof off

As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there's another way to fund disaster preparedness: a US$600mil catastrophe bond (cat bond) that rewards homeowners and their insurer for installing "super roofs." Read full story

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