vendredi 16 janvier 2009

Earthquake Risk to Mortgage Markets

"A California earthquake would accelerate the U.S. mortgage meltdown and send shockwaves through the financial and insurance industries, according to a new study from Aon Benfield. The Annual Global Climate and Catastrophe Report: 2008 highlights that the lack of mandatory earthquake insurance in California would result in high levels of mortgage defaults should an earthquake [...]" (2009-1-6)
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