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What Are Catastrophe (Or Cat)bonds

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What are catastrophe (or Cat)bonds?


Definitions:

Sleep requirements

refers to the amount of sleep needed to function optimally, which can vary by age, lifestyle, and health status.

Alert

A state in which an individual is fully aware of and responsive to their environment, often used as an assessment criterion in healthcare.

Sleep deprivation

The condition of not obtaining an adequate amount of sleep, which can negatively affect mental and physical health.

Labor

The process of childbirth, starting from the onset of uterine contractions to the delivery of the baby and placenta.

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