Revenue bonds issued for essential services, however, such as electric power, or water or sewer systems, do provide reliable income streams and are often of high credit quality. (investinginbonds.com)
If the insurance company can handle the lack of incremental income, investing in higher credit quality instruments in tight spread low implied volatility environments can mitigate the risks. (alephblog.com)
Higher credit quality bonds are more expensive but generally deliver reliable returns. (thenewsavvy.com)