Not exact matches
Another opinion piece
at the FT suggests that regulators should not use
ratings from
rating agencies, but does not suggest a
replacement idea, aside from some weak
market - based concepts.
While the
rate at which the hypothetical new charter was arranged on repudiation of the original one was for good reasons taken to be fixed
at the time when the injured party could go into the
market to negotiate a
replacement, the same considerations did not apply to determination of the duration.
An insurance policy clause that sets the value of covered property
at the
market rate rather than basing the value on actual cost or
replacement cost.
A sensible solution may be to confirm that your home and its contents are insured for
replacement value rather than the depreciated value
at current
market rates.
Properties can often be purchased for less than
replacement cost, which lets you lease out space
at below -
market rates.»