A USInsurance Company Issued a Guarantee Against Default to a German

question 18

Multiple Choice

A U.S.insurance company issued a guarantee against default to a German bank.The German bank invested in U.S.mortgaged-backed securities.The U.S.insurer promised that if the issuer of the mortgaged-backed securities defaulted,the insurer would pay the German bank for the loss.The guarantee the U.S.insurer provided is called a(n)

• A)insurance option.
• B)credit default swap.
• C)catastrophe put option.
• D)catastrophe bond.

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Analyze the role of childcare and employment policies in gender equality in the labor force.

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