id	sid	tid	token	lemma	pos
fbem-8587	1	1	frontiers	frontier	NOUN
fbem-8587	1	2	in	in	ADP
fbem-8587	1	3	business	business	NOUN
fbem-8587	1	4	,	,	PUNCT
fbem-8587	1	5	economics	economic	NOUN
fbem-8587	1	6	and	and	CCONJ
fbem-8587	1	7	management	management	NOUN
fbem-8587	1	8	issn	issn	PROPN
fbem-8587	1	9	:	:	PUNCT
fbem-8587	1	10	2766	2766	NUM
fbem-8587	1	11	-	-	PUNCT
fbem-8587	1	12	824x	824x	NUM
fbem-8587	1	13	|	|	ADJ
fbem-8587	1	14	vol	vol	NOUN
fbem-8587	1	15	.	.	PROPN
fbem-8587	2	1	9	9	NUM
fbem-8587	2	2	,	,	PUNCT
fbem-8587	2	3	no	no	INTJ
fbem-8587	2	4	.	.	NOUN
fbem-8587	2	5	1	1	NUM
fbem-8587	2	6	,	,	PUNCT
fbem-8587	2	7	2023	2023	NUM
fbem-8587	2	8	142	142	NUM
fbem-8587	2	9	design	design	NOUN
fbem-8587	2	10	and	and	CCONJ
fbem-8587	2	11	pricing	pricing	NOUN
fbem-8587	2	12	of	of	ADP
fbem-8587	2	13	wenzhou	wenzhou	PROPN
fbem-8587	2	14	geological	geological	ADJ
fbem-8587	2	15	disaster	disaster	NOUN
fbem-8587	2	16	risk	risk	NOUN
fbem-8587	2	17	bond	bond	NOUN
fbem-8587	2	18	meijia	meijia	NOUN
fbem-8587	2	19	zhang1	zhang1	PROPN
fbem-8587	2	20	,	,	PUNCT
fbem-8587	2	21	2	2	NUM
fbem-8587	2	22	,	,	PUNCT
fbem-8587	2	23	a	a	DET
fbem-8587	2	24	1school	1school	NUM
fbem-8587	2	25	of	of	ADP
fbem-8587	2	26	digital	digital	ADJ
fbem-8587	2	27	economy	economy	NOUN
fbem-8587	2	28	&	&	CCONJ
fbem-8587	2	29	trade	trade	PROPN
fbem-8587	2	30	,	,	PUNCT
fbem-8587	2	31	wenzhou	wenzhou	PROPN
fbem-8587	2	32	polytechnic	polytechnic	PROPN
fbem-8587	2	33	,	,	PUNCT
fbem-8587	2	34	china	china	PROPN
fbem-8587	2	35	2wenzhou	2wenzhou	NUM
fbem-8587	2	36	city	city	NOUN
fbem-8587	2	37	,	,	PUNCT
fbem-8587	2	38	zhejiang	zhejiang	PROPN
fbem-8587	2	39	province	province	PROPN
fbem-8587	2	40	,	,	PUNCT
fbem-8587	2	41	325035	325035	NUM
fbem-8587	2	42	,	,	PUNCT
fbem-8587	2	43	china	china	PROPN
fbem-8587	2	44	amj17352120138@163.com	amj17352120138@163.com	X
fbem-8587	2	45	abstract	abstract	PROPN
fbem-8587	2	46	:	:	PUNCT
fbem-8587	2	47	in	in	ADP
fbem-8587	2	48	this	this	DET
fbem-8587	2	49	paper	paper	NOUN
fbem-8587	2	50	,	,	PUNCT
fbem-8587	2	51	the	the	DET
fbem-8587	2	52	direct	direct	ADJ
fbem-8587	2	53	economic	economic	ADJ
fbem-8587	2	54	losses	loss	NOUN
fbem-8587	2	55	of	of	ADP
fbem-8587	2	56	geological	geological	ADJ
fbem-8587	2	57	disasters	disaster	NOUN
fbem-8587	2	58	in	in	ADP
fbem-8587	2	59	wenzhou	wenzhou	PROPN
fbem-8587	2	60	from	from	ADP
fbem-8587	2	61	2007	2007	NUM
fbem-8587	2	62	to	to	ADP
fbem-8587	2	63	2021	2021	NUM
fbem-8587	2	64	are	be	AUX
fbem-8587	2	65	taken	take	VERB
fbem-8587	2	66	as	as	ADP
fbem-8587	2	67	the	the	DET
fbem-8587	2	68	sample	sample	NOUN
fbem-8587	2	69	data	datum	NOUN
fbem-8587	2	70	,	,	PUNCT
fbem-8587	2	71	and	and	CCONJ
fbem-8587	2	72	according	accord	VERB
fbem-8587	2	73	to	to	ADP
fbem-8587	2	74	the	the	DET
fbem-8587	2	75	distribution	distribution	NOUN
fbem-8587	2	76	characteristics	characteristic	NOUN
fbem-8587	2	77	of	of	ADP
fbem-8587	2	78	geological	geological	ADJ
fbem-8587	2	79	disasters	disaster	NOUN
fbem-8587	2	80	,	,	PUNCT
fbem-8587	2	81	considering	consider	VERB
fbem-8587	2	82	the	the	DET
fbem-8587	2	83	moral	moral	ADJ
fbem-8587	2	84	hazard	hazard	NOUN
fbem-8587	2	85	,	,	PUNCT
fbem-8587	2	86	the	the	DET
fbem-8587	2	87	yield	yield	NOUN
fbem-8587	2	88	and	and	CCONJ
fbem-8587	2	89	price	price	NOUN
fbem-8587	2	90	of	of	ADP
fbem-8587	2	91	geological	geological	ADJ
fbem-8587	2	92	disaster	disaster	NOUN
fbem-8587	2	93	bonds	bond	NOUN
fbem-8587	2	94	are	be	AUX
fbem-8587	2	95	calculated	calculate	VERB
fbem-8587	2	96	by	by	ADP
fbem-8587	2	97	using	use	VERB
fbem-8587	2	98	capital	capital	NOUN
fbem-8587	2	99	asset	asset	NOUN
fbem-8587	2	100	pricing	pricing	NOUN
fbem-8587	2	101	model	model	NOUN
fbem-8587	2	102	(	(	PUNCT
fbem-8587	2	103	capm	capm	PROPN
fbem-8587	2	104	)	)	PUNCT
fbem-8587	2	105	and	and	CCONJ
fbem-8587	2	106	bond	bond	NOUN
fbem-8587	2	107	pricing	pricing	NOUN
fbem-8587	2	108	principle	principle	NOUN
fbem-8587	2	109	,	,	PUNCT
fbem-8587	2	110	so	so	SCONJ
fbem-8587	2	111	as	as	SCONJ
fbem-8587	2	112	to	to	PART
fbem-8587	2	113	carry	carry	VERB
fbem-8587	2	114	out	out	ADP
fbem-8587	2	115	the	the	DET
fbem-8587	2	116	preliminary	preliminary	ADJ
fbem-8587	2	117	design	design	NOUN
fbem-8587	2	118	of	of	ADP
fbem-8587	2	119	geological	geological	ADJ
fbem-8587	2	120	disaster	disaster	NOUN
fbem-8587	2	121	risk	risk	NOUN
fbem-8587	2	122	bonds	bond	NOUN
fbem-8587	2	123	.	.	PUNCT
fbem-8587	3	1	finally	finally	ADV
fbem-8587	3	2	,	,	PUNCT
fbem-8587	3	3	based	base	VERB
fbem-8587	3	4	on	on	ADP
fbem-8587	3	5	china	china	PROPN
fbem-8587	3	6	's	's	PART
fbem-8587	3	7	market	market	NOUN
fbem-8587	3	8	environment	environment	NOUN
fbem-8587	3	9	,	,	PUNCT
fbem-8587	3	10	this	this	DET
fbem-8587	3	11	paper	paper	NOUN
fbem-8587	3	12	puts	put	VERB
fbem-8587	3	13	forward	forward	ADV
fbem-8587	3	14	some	some	DET
fbem-8587	3	15	suggestions	suggestion	NOUN
fbem-8587	3	16	on	on	ADP
fbem-8587	3	17	how	how	SCONJ
fbem-8587	3	18	to	to	PART
fbem-8587	3	19	promote	promote	VERB
fbem-8587	3	20	the	the	DET
fbem-8587	3	21	securitization	securitization	NOUN
fbem-8587	3	22	mechanism	mechanism	NOUN
fbem-8587	3	23	of	of	ADP
fbem-8587	3	24	catastrophe	catastrophe	NOUN
fbem-8587	3	25	insurance	insurance	NOUN
fbem-8587	3	26	and	and	CCONJ
fbem-8587	3	27	improve	improve	VERB
fbem-8587	3	28	the	the	DET
fbem-8587	3	29	catastrophe	catastrophe	NOUN
fbem-8587	3	30	insurance	insurance	NOUN
fbem-8587	3	31	market	market	NOUN
fbem-8587	3	32	.	.	PUNCT
fbem-8587	4	1	keywords	keyword	NOUN
fbem-8587	4	2	:	:	PUNCT
fbem-8587	4	3	geological	geological	ADJ
fbem-8587	4	4	disaster	disaster	NOUN
fbem-8587	4	5	bond	bond	NOUN
fbem-8587	4	6	,	,	PUNCT
fbem-8587	4	7	risk	risk	NOUN
fbem-8587	4	8	securitization	securitization	NOUN
fbem-8587	4	9	,	,	PUNCT
fbem-8587	4	10	scheme	scheme	NOUN
fbem-8587	4	11	design	design	NOUN
fbem-8587	4	12	,	,	PUNCT
fbem-8587	4	13	operational	operational	ADJ
fbem-8587	4	14	mechanism	mechanism	NOUN
fbem-8587	4	15	.	.	PUNCT
fbem-8587	5	1	1	1	X
fbem-8587	5	2	.	.	X
fbem-8587	5	3	introduction	introduction	NOUN
fbem-8587	5	4	wenzhou	wenzhou	PROPN
fbem-8587	5	5	city	city	PROPN
fbem-8587	5	6	is	be	AUX
fbem-8587	5	7	located	locate	VERB
fbem-8587	5	8	in	in	ADP
fbem-8587	5	9	the	the	DET
fbem-8587	5	10	southeast	southeast	ADJ
fbem-8587	5	11	coast	coast	NOUN
fbem-8587	5	12	of	of	ADP
fbem-8587	5	13	the	the	DET
fbem-8587	5	14	yangtze	yangtze	PROPN
fbem-8587	5	15	river	river	PROPN
fbem-8587	5	16	delta	delta	PROPN
fbem-8587	5	17	south	south	ADJ
fbem-8587	5	18	wing	wing	NOUN
fbem-8587	5	19	,	,	PUNCT
fbem-8587	5	20	geological	geological	ADJ
fbem-8587	5	21	structure	structure	NOUN
fbem-8587	5	22	is	be	AUX
fbem-8587	5	23	complicated	complicated	ADJ
fbem-8587	5	24	.	.	PUNCT
fbem-8587	6	1	every	every	DET
fbem-8587	6	2	year	year	NOUN
fbem-8587	6	3	from	from	ADP
fbem-8587	6	4	june	june	PROPN
fbem-8587	6	5	to	to	ADP
fbem-8587	6	6	september	september	PROPN
fbem-8587	6	7	,	,	PUNCT
fbem-8587	6	8	heavy	heavy	ADJ
fbem-8587	6	9	rainfall	rainfall	NOUN
fbem-8587	6	10	brought	bring	VERB
fbem-8587	6	11	by	by	ADP
fbem-8587	6	12	typhoons	typhoon	NOUN
fbem-8587	6	13	,	,	PUNCT
fbem-8587	6	14	easily	easily	ADV
fbem-8587	6	15	lead	lead	VERB
fbem-8587	6	16	to	to	PART
fbem-8587	6	17	collapse	collapse	VERB
fbem-8587	6	18	,	,	PUNCT
fbem-8587	6	19	landslide	landslide	NOUN
fbem-8587	6	20	,	,	PUNCT
fbem-8587	6	21	debris	debris	NOUN
fbem-8587	6	22	flow	flow	NOUN
fbem-8587	6	23	and	and	CCONJ
fbem-8587	6	24	other	other	ADJ
fbem-8587	6	25	geological	geological	ADJ
fbem-8587	6	26	disasters	disaster	NOUN
fbem-8587	6	27	.	.	PUNCT
fbem-8587	7	1	as	as	ADP
fbem-8587	7	2	for	for	ADP
fbem-8587	7	3	the	the	DET
fbem-8587	7	4	management	management	NOUN
fbem-8587	7	5	of	of	ADP
fbem-8587	7	6	geological	geological	ADJ
fbem-8587	7	7	disasters	disaster	NOUN
fbem-8587	7	8	,	,	PUNCT
fbem-8587	7	9	in	in	ADP
fbem-8587	7	10	recent	recent	ADJ
fbem-8587	7	11	years	year	NOUN
fbem-8587	7	12	,	,	PUNCT
fbem-8587	7	13	the	the	DET
fbem-8587	7	14	wenzhou	wenzhou	PROPN
fbem-8587	7	15	municipal	municipal	ADJ
fbem-8587	7	16	government	government	NOUN
fbem-8587	7	17	has	have	AUX
fbem-8587	7	18	carried	carry	VERB
fbem-8587	7	19	out	out	ADP
fbem-8587	7	20	disaster	disaster	NOUN
fbem-8587	7	21	prevention	prevention	NOUN
fbem-8587	7	22	and	and	CCONJ
fbem-8587	7	23	control	control	NOUN
fbem-8587	7	24	through	through	ADP
fbem-8587	7	25	the	the	DET
fbem-8587	7	26	action	action	NOUN
fbem-8587	7	27	of	of	ADP
fbem-8587	7	28	"	"	PUNCT
fbem-8587	7	29	eliminating	eliminate	VERB
fbem-8587	7	30	risks	risk	NOUN
fbem-8587	7	31	and	and	CCONJ
fbem-8587	7	32	housing	housing	NOUN
fbem-8587	7	33	"	"	PUNCT
fbem-8587	7	34	for	for	ADP
fbem-8587	7	35	geological	geological	ADJ
fbem-8587	7	36	disasters	disaster	NOUN
fbem-8587	7	37	.	.	PUNCT
fbem-8587	8	1	according	accord	VERB
fbem-8587	8	2	to	to	ADP
fbem-8587	8	3	statistics	statistic	NOUN
fbem-8587	8	4	,	,	PUNCT
fbem-8587	8	5	from	from	ADP
fbem-8587	8	6	2010	2010	NUM
fbem-8587	8	7	to	to	ADP
fbem-8587	8	8	2020	2020	NUM
fbem-8587	8	9	,	,	PUNCT
fbem-8587	8	10	the	the	DET
fbem-8587	8	11	wenzhou	wenzhou	PROPN
fbem-8587	8	12	municipal	municipal	ADJ
fbem-8587	8	13	government	government	NOUN
fbem-8587	8	14	has	have	AUX
fbem-8587	8	15	invested	invest	VERB
fbem-8587	8	16	188	188	NUM
fbem-8587	8	17	million	million	NUM
fbem-8587	8	18	yuan	yuan	NOUN
fbem-8587	8	19	in	in	ADP
fbem-8587	8	20	geological	geological	ADJ
fbem-8587	8	21	disaster	disaster	NOUN
fbem-8587	8	22	prevention	prevention	NOUN
fbem-8587	8	23	and	and	CCONJ
fbem-8587	8	24	control	control	NOUN
fbem-8587	8	25	annually	annually	ADV
fbem-8587	8	26	,	,	PUNCT
fbem-8587	8	27	with	with	ADP
fbem-8587	8	28	331	331	NUM
fbem-8587	8	29	investment	investment	NOUN
fbem-8587	8	30	projects	project	NOUN
fbem-8587	8	31	each	each	DET
fbem-8587	8	32	year.at	year.at	NOUN
fbem-8587	8	33	the	the	DET
fbem-8587	8	34	same	same	ADJ
fbem-8587	8	35	time	time	NOUN
fbem-8587	8	36	,	,	PUNCT
fbem-8587	8	37	the	the	DET
fbem-8587	8	38	wenzhou	wenzhou	PROPN
fbem-8587	8	39	ouhai	ouhai	PROPN
fbem-8587	8	40	branch	branch	PROPN
fbem-8587	8	41	of	of	ADP
fbem-8587	8	42	picc	picc	NOUN
fbem-8587	8	43	also	also	ADV
fbem-8587	8	44	launched	launch	VERB
fbem-8587	8	45	the	the	DET
fbem-8587	8	46	pilot	pilot	NOUN
fbem-8587	8	47	project	project	NOUN
fbem-8587	8	48	of	of	ADP
fbem-8587	8	49	comprehensive	comprehensive	ADJ
fbem-8587	8	50	geological	geological	ADJ
fbem-8587	8	51	disaster	disaster	NOUN
fbem-8587	8	52	control	control	NOUN
fbem-8587	8	53	insurance	insurance	NOUN
fbem-8587	8	54	project	project	NOUN
fbem-8587	8	55	in	in	ADP
fbem-8587	8	56	wenzhou	wenzhou	PROPN
fbem-8587	8	57	urban	urban	PROPN
fbem-8587	8	58	area	area	NOUN
fbem-8587	8	59	in	in	ADP
fbem-8587	8	60	december	december	PROPN
fbem-8587	8	61	2021.although	2021.although	NOUN
fbem-8587	9	1	the	the	DET
fbem-8587	9	2	disaster	disaster	NOUN
fbem-8587	9	3	has	have	AUX
fbem-8587	9	4	been	be	AUX
fbem-8587	9	5	alleviated	alleviate	VERB
fbem-8587	9	6	to	to	ADP
fbem-8587	9	7	a	a	DET
fbem-8587	9	8	certain	certain	ADJ
fbem-8587	9	9	extent	extent	NOUN
fbem-8587	9	10	,	,	PUNCT
fbem-8587	9	11	due	due	ADP
fbem-8587	9	12	to	to	ADP
fbem-8587	9	13	the	the	DET
fbem-8587	9	14	continuous	continuous	ADJ
fbem-8587	9	15	acceleration	acceleration	NOUN
fbem-8587	9	16	of	of	ADP
fbem-8587	9	17	the	the	DET
fbem-8587	9	18	process	process	NOUN
fbem-8587	9	19	of	of	ADP
fbem-8587	9	20	industrialization	industrialization	NOUN
fbem-8587	9	21	,	,	PUNCT
fbem-8587	9	22	as	as	ADV
fbem-8587	9	23	well	well	ADV
fbem-8587	9	24	as	as	ADP
fbem-8587	9	25	the	the	DET
fbem-8587	9	26	characteristics	characteristic	NOUN
fbem-8587	9	27	of	of	ADP
fbem-8587	9	28	sudden	sudden	ADJ
fbem-8587	9	29	and	and	CCONJ
fbem-8587	9	30	joint	joint	ADJ
fbem-8587	9	31	disasters	disaster	NOUN
fbem-8587	9	32	,	,	PUNCT
fbem-8587	9	33	the	the	DET
fbem-8587	9	34	loss	loss	NOUN
fbem-8587	9	35	after	after	SCONJ
fbem-8587	9	36	the	the	DET
fbem-8587	9	37	disaster	disaster	NOUN
fbem-8587	9	38	is	be	AUX
fbem-8587	9	39	also	also	ADV
fbem-8587	9	40	quite	quite	ADV
fbem-8587	9	41	serious.how	serious.how	X
fbem-8587	9	42	to	to	PART
fbem-8587	9	43	effectively	effectively	ADV
fbem-8587	9	44	prevent	prevent	VERB
fbem-8587	9	45	the	the	DET
fbem-8587	9	46	risk	risk	NOUN
fbem-8587	9	47	of	of	ADP
fbem-8587	9	48	geological	geological	ADJ
fbem-8587	9	49	disasters	disaster	NOUN
fbem-8587	9	50	is	be	AUX
fbem-8587	9	51	an	an	DET
fbem-8587	9	52	important	important	ADJ
fbem-8587	9	53	work	work	NOUN
fbem-8587	9	54	to	to	PART
fbem-8587	9	55	maintain	maintain	VERB
fbem-8587	9	56	social	social	ADJ
fbem-8587	9	57	stability	stability	NOUN
fbem-8587	9	58	and	and	CCONJ
fbem-8587	9	59	promote	promote	VERB
fbem-8587	9	60	the	the	DET
fbem-8587	9	61	healthy	healthy	ADJ
fbem-8587	9	62	and	and	CCONJ
fbem-8587	9	63	sustainable	sustainable	ADJ
fbem-8587	9	64	development	development	NOUN
fbem-8587	9	65	of	of	ADP
fbem-8587	9	66	wenzhou	wenzhou	PROPN
fbem-8587	9	67	city	city	PROPN
fbem-8587	9	68	.	.	PUNCT
fbem-8587	10	1	as	as	ADP
fbem-8587	10	2	for	for	ADP
fbem-8587	10	3	disaster	disaster	NOUN
fbem-8587	10	4	risk	risk	NOUN
fbem-8587	10	5	management	management	NOUN
fbem-8587	10	6	,	,	PUNCT
fbem-8587	10	7	as	as	ADV
fbem-8587	10	8	early	early	ADV
fbem-8587	10	9	as	as	ADP
fbem-8587	10	10	the	the	DET
fbem-8587	10	11	1970s	1970s	NUM
fbem-8587	10	12	,	,	PUNCT
fbem-8587	10	13	some	some	DET
fbem-8587	10	14	scholars	scholar	NOUN
fbem-8587	10	15	proposed	propose	VERB
fbem-8587	10	16	to	to	PART
fbem-8587	10	17	fully	fully	ADV
fbem-8587	10	18	disperse	disperse	VERB
fbem-8587	10	19	disaster	disaster	NOUN
fbem-8587	10	20	risks	risk	NOUN
fbem-8587	10	21	with	with	ADP
fbem-8587	10	22	the	the	DET
fbem-8587	10	23	help	help	NOUN
fbem-8587	10	24	of	of	ADP
fbem-8587	10	25	the	the	DET
fbem-8587	10	26	capital	capital	NOUN
fbem-8587	10	27	market	market	NOUN
fbem-8587	10	28	.	.	PUNCT
fbem-8587	11	1	this	this	DET
fbem-8587	11	2	idea	idea	NOUN
fbem-8587	11	3	was	be	AUX
fbem-8587	11	4	realized	realize	VERB
fbem-8587	11	5	by	by	ADP
fbem-8587	11	6	taking	take	VERB
fbem-8587	11	7	disaster	disaster	NOUN
fbem-8587	11	8	risks	risk	NOUN
fbem-8587	11	9	insured	insure	VERB
fbem-8587	11	10	by	by	ADP
fbem-8587	11	11	insurance	insurance	NOUN
fbem-8587	11	12	companies	company	NOUN
fbem-8587	11	13	as	as	ADP
fbem-8587	11	14	the	the	DET
fbem-8587	11	15	subject	subject	NOUN
fbem-8587	11	16	matter	matter	NOUN
fbem-8587	11	17	,	,	PUNCT
fbem-8587	11	18	so	so	SCONJ
fbem-8587	11	19	as	as	SCONJ
fbem-8587	11	20	to	to	PART
fbem-8587	11	21	issue	issue	VERB
fbem-8587	11	22	corresponding	correspond	VERB
fbem-8587	11	23	disaster	disaster	NOUN
fbem-8587	11	24	risk	risk	NOUN
fbem-8587	11	25	bonds	bond	NOUN
fbem-8587	11	26	,	,	PUNCT
fbem-8587	11	27	so	so	SCONJ
fbem-8587	11	28	as	as	SCONJ
fbem-8587	11	29	to	to	PART
fbem-8587	11	30	transfer	transfer	VERB
fbem-8587	11	31	the	the	DET
fbem-8587	11	32	insurance	insurance	NOUN
fbem-8587	11	33	risks	risk	NOUN
fbem-8587	11	34	to	to	ADP
fbem-8587	11	35	investors	investor	NOUN
fbem-8587	11	36	who	who	PRON
fbem-8587	11	37	buy	buy	VERB
fbem-8587	11	38	bonds.for	bonds.for	ADP
fbem-8587	11	39	the	the	DET
fbem-8587	11	40	risk	risk	NOUN
fbem-8587	11	41	management	management	NOUN
fbem-8587	11	42	of	of	ADP
fbem-8587	11	43	geological	geological	ADJ
fbem-8587	11	44	disasters	disaster	NOUN
fbem-8587	11	45	in	in	ADP
fbem-8587	11	46	wenzhou	wenzhou	PROPN
fbem-8587	11	47	,	,	PUNCT
fbem-8587	11	48	the	the	DET
fbem-8587	11	49	risk	risk	NOUN
fbem-8587	11	50	management	management	NOUN
fbem-8587	11	51	tool	tool	NOUN
fbem-8587	11	52	of	of	ADP
fbem-8587	11	53	catastrophe	catastrophe	NOUN
fbem-8587	11	54	insurance	insurance	NOUN
fbem-8587	11	55	risk	risk	NOUN
fbem-8587	11	56	securitization	securitization	NOUN
fbem-8587	11	57	can	can	AUX
fbem-8587	11	58	also	also	ADV
fbem-8587	11	59	be	be	AUX
fbem-8587	11	60	used	use	VERB
fbem-8587	11	61	for	for	ADP
fbem-8587	11	62	reference	reference	NOUN
fbem-8587	11	63	,	,	PUNCT
fbem-8587	11	64	and	and	CCONJ
fbem-8587	11	65	corresponding	corresponding	ADJ
fbem-8587	11	66	geological	geological	ADJ
fbem-8587	11	67	disaster	disaster	NOUN
fbem-8587	11	68	risk	risk	NOUN
fbem-8587	11	69	bonds	bond	NOUN
fbem-8587	11	70	can	can	AUX
fbem-8587	11	71	be	be	AUX
fbem-8587	11	72	developed	develop	VERB
fbem-8587	11	73	and	and	CCONJ
fbem-8587	11	74	designed	design	VERB
fbem-8587	11	75	,	,	PUNCT
fbem-8587	11	76	so	so	SCONJ
fbem-8587	11	77	as	as	SCONJ
fbem-8587	11	78	to	to	PART
fbem-8587	11	79	fully	fully	ADV
fbem-8587	11	80	disperse	disperse	VERB
fbem-8587	11	81	the	the	DET
fbem-8587	11	82	disaster	disaster	NOUN
fbem-8587	11	83	risks	risk	NOUN
fbem-8587	11	84	by	by	ADP
fbem-8587	11	85	virtue	virtue	NOUN
fbem-8587	11	86	of	of	ADP
fbem-8587	11	87	the	the	DET
fbem-8587	11	88	power	power	NOUN
fbem-8587	11	89	of	of	ADP
fbem-8587	11	90	the	the	DET
fbem-8587	11	91	capital	capital	NOUN
fbem-8587	11	92	market	market	NOUN
fbem-8587	11	93	.	.	PUNCT
fbem-8587	12	1	2	2	X
fbem-8587	12	2	.	.	X
fbem-8587	12	3	the	the	DET
fbem-8587	12	4	design	design	NOUN
fbem-8587	12	5	of	of	ADP
fbem-8587	12	6	wenzhou	wenzhou	PROPN
fbem-8587	12	7	geological	geological	ADJ
fbem-8587	12	8	disaster	disaster	NOUN
fbem-8587	12	9	risk	risk	NOUN
fbem-8587	12	10	bond	bond	NOUN
fbem-8587	12	11	wenzhou	wenzhou	PROPN
fbem-8587	12	12	geological	geological	ADJ
fbem-8587	12	13	disaster	disaster	NOUN
fbem-8587	12	14	risk	risk	NOUN
fbem-8587	12	15	bond	bond	NOUN
fbem-8587	12	16	from	from	ADP
fbem-8587	12	17	design	design	NOUN
fbem-8587	12	18	to	to	ADP
fbem-8587	12	19	application	application	NOUN
fbem-8587	12	20	in	in	ADP
fbem-8587	12	21	the	the	DET
fbem-8587	12	22	market	market	NOUN
fbem-8587	12	23	involves	involve	VERB
fbem-8587	12	24	the	the	DET
fbem-8587	12	25	following	follow	VERB
fbem-8587	12	26	five	five	NUM
fbem-8587	12	27	stages	stage	NOUN
fbem-8587	12	28	:	:	PUNCT
fbem-8587	12	29	geological	geological	ADJ
fbem-8587	12	30	disaster	disaster	NOUN
fbem-8587	12	31	insurance	insurance	NOUN
fbem-8587	12	32	stage	stage	NOUN
fbem-8587	12	33	,	,	PUNCT
fbem-8587	12	34	geological	geological	ADJ
fbem-8587	12	35	disaster	disaster	NOUN
fbem-8587	12	36	reinsurance	reinsurance	NOUN
fbem-8587	12	37	stage	stage	NOUN
fbem-8587	12	38	,	,	PUNCT
fbem-8587	12	39	bond	bond	NOUN
fbem-8587	12	40	design	design	NOUN
fbem-8587	12	41	stage	stage	NOUN
fbem-8587	12	42	,	,	PUNCT
fbem-8587	12	43	issue	issue	NOUN
fbem-8587	12	44	stage	stage	NOUN
fbem-8587	12	45	,	,	PUNCT
fbem-8587	12	46	fund	fund	NOUN
fbem-8587	12	47	trust	trust	NOUN
fbem-8587	12	48	stage	stage	NOUN
fbem-8587	12	49	.	.	PUNCT
fbem-8587	13	1	2.1	2.1	NUM
fbem-8587	13	2	.	.	PUNCT
fbem-8587	13	3	bond	bond	NOUN
fbem-8587	13	4	scheme	scheme	NOUN
fbem-8587	13	5	design	design	NOUN
fbem-8587	13	6	2.1.1	2.1.1	NUM
fbem-8587	13	7	.	.	PUNCT
fbem-8587	14	1	geological	geological	ADJ
fbem-8587	14	2	disaster	disaster	NOUN
fbem-8587	14	3	insurance	insurance	NOUN
fbem-8587	14	4	stage	stage	NOUN
fbem-8587	14	5	firstly	firstly	ADV
fbem-8587	14	6	,	,	PUNCT
fbem-8587	14	7	in	in	ADP
fbem-8587	14	8	order	order	NOUN
fbem-8587	14	9	to	to	PART
fbem-8587	14	10	encourage	encourage	VERB
fbem-8587	14	11	insurance	insurance	NOUN
fbem-8587	14	12	companies	company	NOUN
fbem-8587	14	13	to	to	PART
fbem-8587	14	14	actively	actively	ADV
fbem-8587	14	15	underwrite	underwrite	VERB
fbem-8587	14	16	geological	geological	ADJ
fbem-8587	14	17	disaster	disaster	NOUN
fbem-8587	14	18	risks	risk	NOUN
fbem-8587	14	19	and	and	CCONJ
fbem-8587	14	20	include	include	VERB
fbem-8587	14	21	geological	geological	ADJ
fbem-8587	14	22	disasters	disaster	NOUN
fbem-8587	14	23	into	into	ADP
fbem-8587	14	24	a	a	DET
fbem-8587	14	25	wider	wide	ADJ
fbem-8587	14	26	range	range	NOUN
fbem-8587	14	27	of	of	ADP
fbem-8587	14	28	insurance	insurance	NOUN
fbem-8587	14	29	liability	liability	NOUN
fbem-8587	14	30	,	,	PUNCT
fbem-8587	14	31	the	the	DET
fbem-8587	14	32	government	government	NOUN
fbem-8587	14	33	can	can	AUX
fbem-8587	14	34	pool	pool	VERB
fbem-8587	14	35	the	the	DET
fbem-8587	14	36	financial	financial	ADJ
fbem-8587	14	37	funds	fund	NOUN
fbem-8587	14	38	planned	plan	VERB
fbem-8587	14	39	for	for	ADP
fbem-8587	14	40	disaster	disaster	NOUN
fbem-8587	14	41	compensation	compensation	NOUN
fbem-8587	14	42	,	,	PUNCT
fbem-8587	14	43	establish	establish	VERB
fbem-8587	14	44	its	its	PRON
fbem-8587	14	45	corresponding	corresponding	ADJ
fbem-8587	14	46	geological	geological	ADJ
fbem-8587	14	47	disaster	disaster	NOUN
fbem-8587	14	48	risk	risk	NOUN
fbem-8587	14	49	fund	fund	NOUN
fbem-8587	14	50	,	,	PUNCT
fbem-8587	14	51	and	and	CCONJ
fbem-8587	14	52	provide	provide	VERB
fbem-8587	14	53	certain	certain	ADJ
fbem-8587	14	54	premium	premium	NOUN
fbem-8587	14	55	subsidies	subsidy	NOUN
fbem-8587	14	56	for	for	ADP
fbem-8587	14	57	insurance	insurance	NOUN
fbem-8587	14	58	companies	company	NOUN
fbem-8587	14	59	to	to	PART
fbem-8587	14	60	underwrite	underwrite	VERB
fbem-8587	14	61	geological	geological	ADJ
fbem-8587	14	62	disasters	disaster	NOUN
fbem-8587	14	63	.	.	PUNCT
fbem-8587	15	1	or	or	CCONJ
fbem-8587	15	2	make	make	VERB
fbem-8587	15	3	appropriate	appropriate	ADJ
fbem-8587	15	4	compensation	compensation	NOUN
fbem-8587	15	5	for	for	ADP
fbem-8587	15	6	the	the	DET
fbem-8587	15	7	insurance	insurance	NOUN
fbem-8587	15	8	companies	company	NOUN
fbem-8587	15	9	that	that	PRON
fbem-8587	15	10	pay	pay	VERB
fbem-8587	15	11	more	more	ADV
fbem-8587	15	12	serious	serious	ADJ
fbem-8587	15	13	losses	loss	NOUN
fbem-8587	15	14	.	.	PUNCT
fbem-8587	16	1	2.1.2	2.1.2	X
fbem-8587	16	2	.	.	PUNCT
fbem-8587	16	3	disaster	disaster	NOUN
fbem-8587	16	4	reinsurance	reinsurance	NOUN
fbem-8587	16	5	stage	stage	NOUN
fbem-8587	16	6	secondly	secondly	ADV
fbem-8587	16	7	,	,	PUNCT
fbem-8587	16	8	after	after	ADP
fbem-8587	16	9	underwriting	underwrite	VERB
fbem-8587	16	10	geological	geological	ADJ
fbem-8587	16	11	disaster	disaster	NOUN
fbem-8587	16	12	risks	risk	NOUN
fbem-8587	16	13	,	,	PUNCT
fbem-8587	16	14	insurance	insurance	NOUN
fbem-8587	16	15	companies	company	NOUN
fbem-8587	16	16	will	will	AUX
fbem-8587	16	17	transfer	transfer	VERB
fbem-8587	16	18	part	part	NOUN
fbem-8587	16	19	of	of	ADP
fbem-8587	16	20	disaster	disaster	NOUN
fbem-8587	16	21	risks	risk	VERB
fbem-8587	16	22	out	out	ADP
fbem-8587	16	23	in	in	ADP
fbem-8587	16	24	the	the	DET
fbem-8587	16	25	form	form	NOUN
fbem-8587	16	26	of	of	ADP
fbem-8587	16	27	reinsurance	reinsurance	NOUN
fbem-8587	16	28	in	in	ADP
fbem-8587	16	29	order	order	NOUN
fbem-8587	16	30	to	to	PART
fbem-8587	16	31	reduce	reduce	VERB
fbem-8587	16	32	business	business	NOUN
fbem-8587	16	33	risks	risk	NOUN
fbem-8587	16	34	caused	cause	VERB
fbem-8587	16	35	by	by	ADP
fbem-8587	16	36	excessive	excessive	ADJ
fbem-8587	16	37	insurance	insurance	NOUN
fbem-8587	16	38	payouts	payout	NOUN
fbem-8587	16	39	,	,	PUNCT
fbem-8587	16	40	and	and	CCONJ
fbem-8587	16	41	agree	agree	VERB
fbem-8587	16	42	that	that	SCONJ
fbem-8587	16	43	during	during	ADP
fbem-8587	16	44	the	the	DET
fbem-8587	16	45	term	term	NOUN
fbem-8587	16	46	of	of	ADP
fbem-8587	16	47	the	the	DET
fbem-8587	16	48	reinsurance	reinsurance	NOUN
fbem-8587	16	49	contract	contract	NOUN
fbem-8587	16	50	,	,	PUNCT
fbem-8587	16	51	when	when	SCONJ
fbem-8587	16	52	the	the	DET
fbem-8587	16	53	direct	direct	ADJ
fbem-8587	16	54	economic	economic	ADJ
fbem-8587	16	55	losses	loss	NOUN
fbem-8587	16	56	caused	cause	VERB
fbem-8587	16	57	by	by	ADP
fbem-8587	16	58	disasters	disaster	NOUN
fbem-8587	16	59	reach	reach	VERB
fbem-8587	16	60	a	a	DET
fbem-8587	16	61	certain	certain	ADJ
fbem-8587	16	62	extent	extent	NOUN
fbem-8587	16	63	,	,	PUNCT
fbem-8587	16	64	the	the	DET
fbem-8587	16	65	insurance	insurance	NOUN
fbem-8587	16	66	company	company	NOUN
fbem-8587	16	67	needs	need	VERB
fbem-8587	16	68	to	to	PART
fbem-8587	16	69	settle	settle	VERB
fbem-8587	16	70	claims	claim	NOUN
fbem-8587	16	71	for	for	ADP
fbem-8587	16	72	the	the	DET
fbem-8587	16	73	insurance	insurance	NOUN
fbem-8587	16	74	holders	holder	NOUN
fbem-8587	16	75	.	.	PUNCT
fbem-8587	17	1	at	at	ADP
fbem-8587	17	2	the	the	DET
fbem-8587	17	3	same	same	ADJ
fbem-8587	17	4	time	time	NOUN
fbem-8587	17	5	,	,	PUNCT
fbem-8587	17	6	the	the	DET
fbem-8587	17	7	insurance	insurance	NOUN
fbem-8587	17	8	company	company	NOUN
fbem-8587	17	9	will	will	AUX
fbem-8587	17	10	get	get	VERB
fbem-8587	17	11	a	a	DET
fbem-8587	17	12	part	part	NOUN
fbem-8587	17	13	of	of	ADP
fbem-8587	17	14	the	the	DET
fbem-8587	17	15	loss	loss	NOUN
fbem-8587	17	16	compensation	compensation	NOUN
fbem-8587	17	17	.	.	PUNCT
fbem-8587	18	1	2.1.3	2.1.3	X
fbem-8587	18	2	.	.	PUNCT
fbem-8587	18	3	bond	bond	NOUN
fbem-8587	18	4	design	design	NOUN
fbem-8587	18	5	phase	phase	NOUN
fbem-8587	18	6	thirdly	thirdly	ADV
fbem-8587	18	7	,	,	PUNCT
fbem-8587	18	8	in	in	ADP
fbem-8587	18	9	order	order	NOUN
fbem-8587	18	10	to	to	PART
fbem-8587	18	11	effectively	effectively	ADV
fbem-8587	18	12	transfer	transfer	VERB
fbem-8587	18	13	the	the	DET
fbem-8587	18	14	insured	insure	VERB
fbem-8587	18	15	geological	geological	ADJ
fbem-8587	18	16	risks	risk	NOUN
fbem-8587	18	17	to	to	ADP
fbem-8587	18	18	the	the	DET
fbem-8587	18	19	capital	capital	NOUN
fbem-8587	18	20	market	market	NOUN
fbem-8587	18	21	,	,	PUNCT
fbem-8587	18	22	the	the	DET
fbem-8587	18	23	reinsurance	reinsurance	NOUN
fbem-8587	18	24	company	company	NOUN
fbem-8587	18	25	will	will	AUX
fbem-8587	18	26	entrust	entrust	VERB
fbem-8587	18	27	the	the	DET
fbem-8587	18	28	special	special	ADJ
fbem-8587	18	29	purpose	purpose	NOUN
fbem-8587	18	30	vehicle	vehicle	NOUN
fbem-8587	18	31	(	(	PUNCT
fbem-8587	18	32	spv	spv	PROPN
fbem-8587	18	33	)	)	PUNCT
fbem-8587	18	34	(	(	PUNCT
fbem-8587	18	35	the	the	DET
fbem-8587	18	36	company	company	NOUN
fbem-8587	18	37	specially	specially	ADV
fbem-8587	18	38	set	set	VERB
fbem-8587	18	39	up	up	ADP
fbem-8587	18	40	to	to	PART
fbem-8587	18	41	issue	issue	VERB
fbem-8587	18	42	geological	geological	ADJ
fbem-8587	18	43	disaster	disaster	NOUN
fbem-8587	18	44	bonds	bond	NOUN
fbem-8587	18	45	)	)	PUNCT
fbem-8587	18	46	to	to	PART
fbem-8587	18	47	design	design	VERB
fbem-8587	18	48	the	the	DET
fbem-8587	18	49	corresponding	correspond	VERB
fbem-8587	18	50	sample	sample	NOUN
fbem-8587	18	51	bonds	bond	NOUN
fbem-8587	18	52	according	accord	VERB
fbem-8587	18	53	to	to	ADP
fbem-8587	18	54	the	the	DET
fbem-8587	18	55	characteristics	characteristic	NOUN
fbem-8587	18	56	of	of	ADP
fbem-8587	18	57	the	the	DET
fbem-8587	18	58	disaster	disaster	NOUN
fbem-8587	18	59	and	and	CCONJ
fbem-8587	18	60	the	the	DET
fbem-8587	18	61	loss	loss	NOUN
fbem-8587	18	62	range.at	range.at	VERB
fbem-8587	18	63	the	the	DET
fbem-8587	18	64	same	same	ADJ
fbem-8587	18	65	time	time	NOUN
fbem-8587	18	66	,	,	PUNCT
fbem-8587	18	67	in	in	ADP
fbem-8587	18	68	order	order	NOUN
fbem-8587	18	69	to	to	PART
fbem-8587	18	70	meet	meet	VERB
fbem-8587	18	71	the	the	DET
fbem-8587	18	72	risk	risk	NOUN
fbem-8587	18	73	preference	preference	NOUN
fbem-8587	18	74	and	and	CCONJ
fbem-8587	18	75	tolerance	tolerance	NOUN
fbem-8587	18	76	of	of	ADP
fbem-8587	18	77	different	different	ADJ
fbem-8587	18	78	investors	investor	NOUN
fbem-8587	18	79	,	,	PUNCT
fbem-8587	18	80	the	the	DET
fbem-8587	18	81	bonds	bond	NOUN
fbem-8587	18	82	can	can	AUX
fbem-8587	18	83	be	be	AUX
fbem-8587	18	84	designed	design	VERB
fbem-8587	18	85	into	into	ADP
fbem-8587	18	86	two	two	NUM
fbem-8587	18	87	grades	grade	NOUN
fbem-8587	18	88	:	:	PUNCT
fbem-8587	18	89	fully	fully	ADV
fbem-8587	18	90	guaranteed	guarantee	VERB
fbem-8587	18	91	principal	principal	ADJ
fbem-8587	18	92	type	type	NOUN
fbem-8587	18	93	and	and	CCONJ
fbem-8587	18	94	partially	partially	ADV
fbem-8587	18	95	guaranteed	guarantee	VERB
fbem-8587	18	96	143	143	NUM
fbem-8587	18	97	principal	principal	NOUN
fbem-8587	18	98	type.then	type.then	ADP
fbem-8587	18	99	,	,	PUNCT
fbem-8587	18	100	the	the	DET
fbem-8587	18	101	risk	risk	NOUN
fbem-8587	18	102	analysis	analysis	NOUN
fbem-8587	18	103	model	model	NOUN
fbem-8587	18	104	is	be	AUX
fbem-8587	18	105	used	use	VERB
fbem-8587	18	106	to	to	PART
fbem-8587	18	107	determine	determine	VERB
fbem-8587	18	108	the	the	DET
fbem-8587	18	109	degree	degree	NOUN
fbem-8587	18	110	of	of	ADP
fbem-8587	18	111	risk	risk	NOUN
fbem-8587	18	112	premium	premium	NOUN
fbem-8587	18	113	of	of	ADP
fbem-8587	18	114	the	the	DET
fbem-8587	18	115	bond	bond	NOUN
fbem-8587	18	116	price	price	NOUN
fbem-8587	18	117	,	,	PUNCT
fbem-8587	18	118	and	and	CCONJ
fbem-8587	18	119	the	the	DET
fbem-8587	18	120	credit	credit	NOUN
fbem-8587	18	121	rating	rating	NOUN
fbem-8587	18	122	of	of	ADP
fbem-8587	18	123	the	the	DET
fbem-8587	18	124	bond	bond	NOUN
fbem-8587	18	125	will	will	AUX
fbem-8587	18	126	be	be	AUX
fbem-8587	18	127	evaluated	evaluate	VERB
fbem-8587	18	128	by	by	ADP
fbem-8587	18	129	the	the	DET
fbem-8587	18	130	third	third	ADJ
fbem-8587	18	131	party	party	NOUN
fbem-8587	18	132	credit	credit	NOUN
fbem-8587	18	133	rating	rating	NOUN
fbem-8587	18	134	agency.if	agency.if	PRON
fbem-8587	18	135	the	the	DET
fbem-8587	18	136	credit	credit	NOUN
fbem-8587	18	137	rating	rating	NOUN
fbem-8587	18	138	effect	effect	NOUN
fbem-8587	18	139	is	be	AUX
fbem-8587	18	140	not	not	PART
fbem-8587	18	141	good	good	ADJ
fbem-8587	18	142	,	,	PUNCT
fbem-8587	18	143	it	it	PRON
fbem-8587	18	144	may	may	AUX
fbem-8587	18	145	cause	cause	VERB
fbem-8587	18	146	credit	credit	NOUN
fbem-8587	18	147	risk	risk	NOUN
fbem-8587	18	148	losses	loss	NOUN
fbem-8587	18	149	to	to	ADP
fbem-8587	18	150	investors	investor	NOUN
fbem-8587	18	151	,	,	PUNCT
fbem-8587	18	152	so	so	CCONJ
fbem-8587	18	153	the	the	DET
fbem-8587	18	154	credit	credit	NOUN
fbem-8587	18	155	rating	rating	NOUN
fbem-8587	18	156	can	can	AUX
fbem-8587	18	157	be	be	AUX
fbem-8587	18	158	increased	increase	VERB
fbem-8587	18	159	by	by	ADP
fbem-8587	18	160	means	mean	NOUN
fbem-8587	18	161	of	of	ADP
fbem-8587	18	162	the	the	DET
fbem-8587	18	163	government	government	NOUN
fbem-8587	18	164	's	's	PART
fbem-8587	18	165	third	third	ADJ
fbem-8587	18	166	-	-	PUNCT
fbem-8587	18	167	party	party	NOUN
fbem-8587	18	168	guarantee	guarantee	NOUN
fbem-8587	18	169	.	.	PUNCT
fbem-8587	19	1	2.1.4	2.1.4	X
fbem-8587	19	2	.	.	PUNCT
fbem-8587	19	3	bond	bond	NOUN
fbem-8587	19	4	issuance	issuance	NOUN
fbem-8587	19	5	stage	stage	NOUN
fbem-8587	19	6	finally	finally	ADV
fbem-8587	19	7	,	,	PUNCT
fbem-8587	19	8	considering	consider	VERB
fbem-8587	19	9	that	that	SCONJ
fbem-8587	19	10	disasters	disaster	NOUN
fbem-8587	19	11	are	be	AUX
fbem-8587	19	12	often	often	ADV
fbem-8587	19	13	sudden	sudden	ADJ
fbem-8587	19	14	and	and	CCONJ
fbem-8587	19	15	losses	loss	NOUN
fbem-8587	19	16	,	,	PUNCT
fbem-8587	19	17	it	it	PRON
fbem-8587	19	18	is	be	AUX
fbem-8587	19	19	difficult	difficult	ADJ
fbem-8587	19	20	for	for	SCONJ
fbem-8587	19	21	investors	investor	NOUN
fbem-8587	19	22	to	to	PART
fbem-8587	19	23	effectively	effectively	ADV
fbem-8587	19	24	assess	assess	VERB
fbem-8587	19	25	risks	risk	NOUN
fbem-8587	19	26	.	.	PUNCT
fbem-8587	20	1	bonds	bond	NOUN
fbem-8587	20	2	can	can	AUX
fbem-8587	20	3	be	be	AUX
fbem-8587	20	4	issued	issue	VERB
fbem-8587	20	5	to	to	ADP
fbem-8587	20	6	institutional	institutional	ADJ
fbem-8587	20	7	investors	investor	NOUN
fbem-8587	20	8	with	with	ADP
fbem-8587	20	9	good	good	ADJ
fbem-8587	20	10	risk	risk	NOUN
fbem-8587	20	11	tolerance	tolerance	NOUN
fbem-8587	20	12	at	at	ADP
fbem-8587	20	13	the	the	DET
fbem-8587	20	14	initial	initial	ADJ
fbem-8587	20	15	stage	stage	NOUN
fbem-8587	20	16	of	of	ADP
fbem-8587	20	17	bond	bond	NOUN
fbem-8587	20	18	issuance	issuance	NOUN
fbem-8587	20	19	to	to	PART
fbem-8587	20	20	avoid	avoid	VERB
fbem-8587	20	21	market	market	NOUN
fbem-8587	20	22	panic.at	panic.at	PRON
fbem-8587	20	23	the	the	DET
fbem-8587	20	24	same	same	ADJ
fbem-8587	20	25	time	time	NOUN
fbem-8587	20	26	,	,	PUNCT
fbem-8587	20	27	spv	spv	PROPN
fbem-8587	20	28	and	and	CCONJ
fbem-8587	20	29	investors	investor	NOUN
fbem-8587	20	30	agree	agree	VERB
fbem-8587	20	31	that	that	SCONJ
fbem-8587	20	32	before	before	ADP
fbem-8587	20	33	the	the	DET
fbem-8587	20	34	bond	bond	NOUN
fbem-8587	20	35	maturity	maturity	NOUN
fbem-8587	20	36	,	,	PUNCT
fbem-8587	20	37	if	if	SCONJ
fbem-8587	20	38	no	no	DET
fbem-8587	20	39	geological	geological	ADJ
fbem-8587	20	40	disaster	disaster	NOUN
fbem-8587	20	41	occurs	occur	VERB
fbem-8587	20	42	in	in	ADP
fbem-8587	20	43	the	the	DET
fbem-8587	20	44	insured	insured	ADJ
fbem-8587	20	45	area	area	NOUN
fbem-8587	20	46	or	or	CCONJ
fbem-8587	20	47	the	the	DET
fbem-8587	20	48	disaster	disaster	NOUN
fbem-8587	20	49	loss	loss	NOUN
fbem-8587	20	50	does	do	AUX
fbem-8587	20	51	not	not	PART
fbem-8587	20	52	reach	reach	VERB
fbem-8587	20	53	the	the	DET
fbem-8587	20	54	trigger	trigger	NOUN
fbem-8587	20	55	point	point	NOUN
fbem-8587	20	56	,	,	PUNCT
fbem-8587	20	57	the	the	DET
fbem-8587	20	58	investor	investor	NOUN
fbem-8587	20	59	can	can	AUX
fbem-8587	20	60	recover	recover	VERB
fbem-8587	20	61	the	the	DET
fbem-8587	20	62	principal	principal	NOUN
fbem-8587	20	63	and	and	CCONJ
fbem-8587	20	64	interest	interest	NOUN
fbem-8587	20	65	on	on	ADP
fbem-8587	20	66	time.on	time.on	NUM
fbem-8587	20	67	the	the	DET
fbem-8587	20	68	contrary	contrary	NOUN
fbem-8587	20	69	,	,	PUNCT
fbem-8587	20	70	during	during	ADP
fbem-8587	20	71	the	the	DET
fbem-8587	20	72	term	term	NOUN
fbem-8587	20	73	of	of	ADP
fbem-8587	20	74	validity	validity	NOUN
fbem-8587	20	75	of	of	ADP
fbem-8587	20	76	the	the	DET
fbem-8587	20	77	bond	bond	NOUN
fbem-8587	20	78	,	,	PUNCT
fbem-8587	20	79	the	the	DET
fbem-8587	20	80	direct	direct	ADJ
fbem-8587	20	81	economic	economic	ADJ
fbem-8587	20	82	loss	loss	NOUN
fbem-8587	20	83	caused	cause	VERB
fbem-8587	20	84	by	by	ADP
fbem-8587	20	85	the	the	DET
fbem-8587	20	86	bond	bond	NOUN
fbem-8587	20	87	reaches	reach	VERB
fbem-8587	20	88	the	the	DET
fbem-8587	20	89	trigger	trigger	NOUN
fbem-8587	20	90	point	point	NOUN
fbem-8587	20	91	,	,	PUNCT
fbem-8587	20	92	the	the	DET
fbem-8587	20	93	investor	investor	NOUN
fbem-8587	20	94	will	will	AUX
fbem-8587	20	95	not	not	PART
fbem-8587	20	96	be	be	AUX
fbem-8587	20	97	able	able	ADJ
fbem-8587	20	98	to	to	PART
fbem-8587	20	99	earn	earn	VERB
fbem-8587	20	100	interest	interest	NOUN
fbem-8587	20	101	income	income	NOUN
fbem-8587	20	102	in	in	ADP
fbem-8587	20	103	the	the	DET
fbem-8587	20	104	current	current	ADJ
fbem-8587	20	105	year	year	NOUN
fbem-8587	20	106	,	,	PUNCT
fbem-8587	20	107	and	and	CCONJ
fbem-8587	20	108	sometimes	sometimes	ADV
fbem-8587	20	109	even	even	ADV
fbem-8587	20	110	lose	lose	VERB
fbem-8587	20	111	part	part	NOUN
fbem-8587	20	112	of	of	ADP
fbem-8587	20	113	the	the	DET
fbem-8587	20	114	principal	principal	NOUN
fbem-8587	20	115	.	.	PUNCT
fbem-8587	21	1	the	the	DET
fbem-8587	21	2	extent	extent	NOUN
fbem-8587	21	3	of	of	ADP
fbem-8587	21	4	the	the	DET
fbem-8587	21	5	loss	loss	NOUN
fbem-8587	21	6	of	of	ADP
fbem-8587	21	7	the	the	DET
fbem-8587	21	8	principal	principal	NOUN
fbem-8587	21	9	depends	depend	VERB
fbem-8587	21	10	on	on	ADP
fbem-8587	21	11	the	the	DET
fbem-8587	21	12	guarantee	guarantee	NOUN
fbem-8587	21	13	type	type	NOUN
fbem-8587	21	14	of	of	ADP
fbem-8587	21	15	the	the	DET
fbem-8587	21	16	bond	bond	NOUN
fbem-8587	21	17	purchased	purchase	VERB
fbem-8587	21	18	by	by	ADP
fbem-8587	21	19	the	the	DET
fbem-8587	21	20	investor	investor	NOUN
fbem-8587	21	21	(	(	PUNCT
fbem-8587	21	22	fully	fully	ADV
fbem-8587	21	23	guaranteed	guarantee	VERB
fbem-8587	21	24	principal	principal	NOUN
fbem-8587	21	25	and	and	CCONJ
fbem-8587	21	26	partially	partially	ADV
fbem-8587	21	27	guaranteed	guarantee	VERB
fbem-8587	21	28	principal	principal	NOUN
fbem-8587	21	29	)	)	PUNCT
fbem-8587	21	30	.	.	PUNCT
fbem-8587	22	1	meanwhile	meanwhile	ADV
fbem-8587	22	2	,	,	PUNCT
fbem-8587	22	3	the	the	DET
fbem-8587	22	4	reinsurance	reinsurance	NOUN
fbem-8587	22	5	company	company	NOUN
fbem-8587	22	6	can	can	AUX
fbem-8587	22	7	use	use	VERB
fbem-8587	22	8	the	the	DET
fbem-8587	22	9	exempted	exempt	VERB
fbem-8587	22	10	principal	principal	NOUN
fbem-8587	22	11	and	and	CCONJ
fbem-8587	22	12	interest	interest	NOUN
fbem-8587	22	13	to	to	PART
fbem-8587	22	14	compensate	compensate	VERB
fbem-8587	22	15	the	the	DET
fbem-8587	22	16	insurance	insurance	NOUN
fbem-8587	22	17	company	company	NOUN
fbem-8587	22	18	.	.	PUNCT
fbem-8587	23	1	2.1.5	2.1.5	NUM
fbem-8587	23	2	.	.	PUNCT
fbem-8587	23	3	fund	fund	NOUN
fbem-8587	23	4	trust	trust	NOUN
fbem-8587	23	5	stage	stage	NOUN
fbem-8587	23	6	in	in	ADP
fbem-8587	23	7	order	order	NOUN
fbem-8587	23	8	to	to	PART
fbem-8587	23	9	effectively	effectively	ADV
fbem-8587	23	10	manage	manage	VERB
fbem-8587	23	11	the	the	DET
fbem-8587	23	12	principal	principal	ADJ
fbem-8587	23	13	funds	fund	NOUN
fbem-8587	23	14	collected	collect	VERB
fbem-8587	23	15	from	from	ADP
fbem-8587	23	16	bond	bond	NOUN
fbem-8587	23	17	issuance	issuance	NOUN
fbem-8587	23	18	and	and	CCONJ
fbem-8587	23	19	reinsurance	reinsurance	NOUN
fbem-8587	23	20	premiums	premium	NOUN
fbem-8587	23	21	,	,	PUNCT
fbem-8587	23	22	the	the	DET
fbem-8587	23	23	special	special	ADJ
fbem-8587	23	24	purpose	purpose	NOUN
fbem-8587	23	25	vehicle	vehicle	NOUN
fbem-8587	23	26	(	(	PUNCT
fbem-8587	23	27	spv	spv	PROPN
fbem-8587	23	28	)	)	PUNCT
fbem-8587	23	29	will	will	AUX
fbem-8587	23	30	entrust	entrust	VERB
fbem-8587	23	31	trust	trust	NOUN
fbem-8587	23	32	institutions	institution	NOUN
fbem-8587	23	33	to	to	PART
fbem-8587	23	34	allocate	allocate	VERB
fbem-8587	23	35	the	the	DET
fbem-8587	23	36	funds	fund	NOUN
fbem-8587	23	37	effectively	effectively	ADV
fbem-8587	23	38	,	,	PUNCT
fbem-8587	23	39	mostly	mostly	ADV
fbem-8587	23	40	investing	invest	VERB
fbem-8587	23	41	in	in	ADP
fbem-8587	23	42	low	low	ADJ
fbem-8587	23	43	-	-	PUNCT
fbem-8587	23	44	risk	risk	NOUN
fbem-8587	23	45	and	and	CCONJ
fbem-8587	23	46	highcredit	highcredit	NOUN
fbem-8587	23	47	assets	asset	NOUN
fbem-8587	23	48	such	such	ADJ
fbem-8587	23	49	as	as	ADP
fbem-8587	23	50	national	national	ADJ
fbem-8587	23	51	bonds	bond	NOUN
fbem-8587	23	52	and	and	CCONJ
fbem-8587	23	53	local	local	ADJ
fbem-8587	23	54	bonds	bond	NOUN
fbem-8587	23	55	,	,	PUNCT
fbem-8587	23	56	so	so	SCONJ
fbem-8587	23	57	as	as	SCONJ
fbem-8587	23	58	to	to	PART
fbem-8587	23	59	obtain	obtain	VERB
fbem-8587	23	60	certain	certain	ADJ
fbem-8587	23	61	returns	return	NOUN
fbem-8587	23	62	within	within	ADP
fbem-8587	23	63	a	a	DET
fbem-8587	23	64	small	small	ADJ
fbem-8587	23	65	risk	risk	NOUN
fbem-8587	23	66	range	range	NOUN
fbem-8587	23	67	.	.	PUNCT
fbem-8587	24	1	the	the	DET
fbem-8587	24	2	proceeds	proceed	NOUN
fbem-8587	24	3	can	can	AUX
fbem-8587	24	4	be	be	AUX
fbem-8587	24	5	used	use	VERB
fbem-8587	24	6	for	for	ADP
fbem-8587	24	7	the	the	DET
fbem-8587	24	8	repayment	repayment	NOUN
fbem-8587	24	9	of	of	ADP
fbem-8587	24	10	principal	principal	NOUN
fbem-8587	24	11	and	and	CCONJ
fbem-8587	24	12	interest	interest	NOUN
fbem-8587	24	13	or	or	CCONJ
fbem-8587	24	14	reinsurance	reinsurance	NOUN
fbem-8587	24	15	claims	claim	NOUN
fbem-8587	24	16	after	after	ADP
fbem-8587	24	17	the	the	DET
fbem-8587	24	18	bond	bond	NOUN
fbem-8587	24	19	matures	mature	NOUN
fbem-8587	24	20	.	.	PUNCT
fbem-8587	25	1	figure	figure	NOUN
fbem-8587	25	2	1	1	NUM
fbem-8587	25	3	.	.	PUNCT
fbem-8587	25	4	operation	operation	NOUN
fbem-8587	25	5	mechanism	mechanism	NOUN
fbem-8587	25	6	of	of	ADP
fbem-8587	25	7	geological	geological	ADJ
fbem-8587	25	8	disaster	disaster	NOUN
fbem-8587	25	9	risk	risk	NOUN
fbem-8587	25	10	bonds	bond	NOUN
fbem-8587	25	11	2.2	2.2	NUM
fbem-8587	25	12	.	.	PUNCT
fbem-8587	26	1	design	design	NOUN
fbem-8587	26	2	of	of	ADP
fbem-8587	26	3	bond	bond	NOUN
fbem-8587	26	4	elements	element	NOUN
fbem-8587	26	5	2.2.1	2.2.1	NUM
fbem-8587	26	6	.	.	PUNCT
fbem-8587	27	1	trigger	trigger	NOUN
fbem-8587	27	2	mechanism	mechanism	NOUN
fbem-8587	27	3	of	of	ADP
fbem-8587	27	4	bonds	bond	NOUN
fbem-8587	27	5	the	the	DET
fbem-8587	27	6	trigger	trigger	NOUN
fbem-8587	27	7	mechanism	mechanism	NOUN
fbem-8587	27	8	of	of	ADP
fbem-8587	27	9	bonds	bond	NOUN
fbem-8587	27	10	means	mean	VERB
fbem-8587	27	11	that	that	SCONJ
fbem-8587	27	12	the	the	DET
fbem-8587	27	13	issuer	issuer	NOUN
fbem-8587	27	14	can	can	AUX
fbem-8587	27	15	avoid	avoid	VERB
fbem-8587	27	16	paying	pay	VERB
fbem-8587	27	17	the	the	DET
fbem-8587	27	18	interest	interest	NOUN
fbem-8587	27	19	or	or	CCONJ
fbem-8587	27	20	even	even	ADV
fbem-8587	27	21	part	part	NOUN
fbem-8587	27	22	of	of	ADP
fbem-8587	27	23	the	the	DET
fbem-8587	27	24	principal	principal	NOUN
fbem-8587	27	25	of	of	ADP
fbem-8587	27	26	the	the	DET
fbem-8587	27	27	current	current	ADJ
fbem-8587	27	28	bonds	bond	NOUN
fbem-8587	27	29	if	if	SCONJ
fbem-8587	27	30	the	the	DET
fbem-8587	27	31	events	event	NOUN
fbem-8587	27	32	agreed	agree	VERB
fbem-8587	27	33	in	in	ADP
fbem-8587	27	34	the	the	DET
fbem-8587	27	35	contract	contract	NOUN
fbem-8587	27	36	occur	occur	VERB
fbem-8587	27	37	during	during	ADP
fbem-8587	27	38	the	the	DET
fbem-8587	27	39	validity	validity	NOUN
fbem-8587	27	40	period	period	NOUN
fbem-8587	27	41	of	of	ADP
fbem-8587	27	42	the	the	DET
fbem-8587	27	43	bonds.according	bonds.according	NOUN
fbem-8587	27	44	to	to	ADP
fbem-8587	27	45	the	the	DET
fbem-8587	27	46	issuing	issue	VERB
fbem-8587	27	47	experience	experience	NOUN
fbem-8587	27	48	of	of	ADP
fbem-8587	27	49	the	the	DET
fbem-8587	27	50	current	current	ADJ
fbem-8587	27	51	international	international	ADJ
fbem-8587	27	52	catastrophe	catastrophe	NOUN
fbem-8587	27	53	bond	bond	NOUN
fbem-8587	27	54	market	market	NOUN
fbem-8587	27	55	,	,	PUNCT
fbem-8587	27	56	the	the	DET
fbem-8587	27	57	trigger	trigger	NOUN
fbem-8587	27	58	mechanism	mechanism	NOUN
fbem-8587	27	59	generally	generally	ADV
fbem-8587	27	60	includes	include	VERB
fbem-8587	27	61	the	the	DET
fbem-8587	27	62	actual	actual	ADJ
fbem-8587	27	63	loss	loss	NOUN
fbem-8587	27	64	trigger	trigger	NOUN
fbem-8587	27	65	mechanism	mechanism	NOUN
fbem-8587	27	66	,	,	PUNCT
fbem-8587	27	67	the	the	DET
fbem-8587	27	68	industry	industry	NOUN
fbem-8587	27	69	index	index	NOUN
fbem-8587	27	70	trigger	trigger	NOUN
fbem-8587	27	71	mechanism	mechanism	NOUN
fbem-8587	27	72	and	and	CCONJ
fbem-8587	27	73	the	the	DET
fbem-8587	27	74	physical	physical	ADJ
fbem-8587	27	75	parameter	parameter	NOUN
fbem-8587	27	76	trigger	trigger	NOUN
fbem-8587	27	77	mechanism	mechanism	NOUN
fbem-8587	27	78	.	.	PUNCT
fbem-8587	28	1	table	table	NOUN
fbem-8587	28	2	1	1	NUM
fbem-8587	28	3	.	.	PUNCT
fbem-8587	29	1	trigger	trigger	NOUN
fbem-8587	29	2	mechanism	mechanism	NOUN
fbem-8587	29	3	of	of	ADP
fbem-8587	29	4	bonds	bond	NOUN
fbem-8587	29	5	types	type	NOUN
fbem-8587	29	6	of	of	ADP
fbem-8587	29	7	trigger	trigger	NOUN
fbem-8587	29	8	mechanisms	mechanism	NOUN
fbem-8587	29	9	concept	concept	NOUN
fbem-8587	29	10	representation	representation	NOUN
fbem-8587	29	11	advantage	advantage	NOUN
fbem-8587	29	12	disadvantages	disadvantage	VERB
fbem-8587	29	13	actual	actual	ADJ
fbem-8587	29	14	loss	loss	NOUN
fbem-8587	29	15	trigger	trigger	NOUN
fbem-8587	29	16	mechanism	mechanism	NOUN
fbem-8587	29	17	take	take	VERB
fbem-8587	29	18	the	the	DET
fbem-8587	29	19	actual	actual	ADJ
fbem-8587	29	20	loss	loss	NOUN
fbem-8587	29	21	of	of	ADP
fbem-8587	29	22	the	the	DET
fbem-8587	29	23	promoter	promoter	NOUN
fbem-8587	29	24	as	as	SCONJ
fbem-8587	29	25	the	the	DET
fbem-8587	29	26	execution	execution	NOUN
fbem-8587	29	27	threshold	threshold	NOUN
fbem-8587	29	28	catastrophe	catastrophe	NOUN
fbem-8587	29	29	bonds	bond	NOUN
fbem-8587	29	30	issued	issue	VERB
fbem-8587	29	31	by	by	ADP
fbem-8587	29	32	usaa	usaa	PROPN
fbem-8587	29	33	corporation	corporation	NOUN
fbem-8587	29	34	in	in	ADP
fbem-8587	29	35	1997	1997	NUM
fbem-8587	29	36	linked	link	VERB
fbem-8587	29	37	directly	directly	ADV
fbem-8587	29	38	to	to	ADP
fbem-8587	29	39	insurance	insurance	NOUN
fbem-8587	29	40	payouts	payout	NOUN
fbem-8587	29	41	,	,	PUNCT
fbem-8587	29	42	it	it	PRON
fbem-8587	29	43	has	have	VERB
fbem-8587	29	44	less	less	ADJ
fbem-8587	29	45	basis	basis	NOUN
fbem-8587	29	46	risk	risk	NOUN
fbem-8587	29	47	in	in	ADP
fbem-8587	29	48	order	order	NOUN
fbem-8587	29	49	to	to	PART
fbem-8587	29	50	avoid	avoid	VERB
fbem-8587	29	51	the	the	DET
fbem-8587	29	52	repayment	repayment	NOUN
fbem-8587	29	53	of	of	ADP
fbem-8587	29	54	principal	principal	NOUN
fbem-8587	29	55	and	and	CCONJ
fbem-8587	29	56	interest	interest	NOUN
fbem-8587	29	57	,	,	PUNCT
fbem-8587	29	58	insurance	insurance	NOUN
fbem-8587	29	59	companies	company	NOUN
fbem-8587	29	60	may	may	AUX
fbem-8587	29	61	exaggerate	exaggerate	VERB
fbem-8587	29	62	the	the	DET
fbem-8587	29	63	loss	loss	NOUN
fbem-8587	29	64	of	of	ADP
fbem-8587	29	65	compensation	compensation	NOUN
fbem-8587	29	66	and	and	CCONJ
fbem-8587	29	67	face	face	VERB
fbem-8587	29	68	certain	certain	ADJ
fbem-8587	29	69	moral	moral	ADJ
fbem-8587	29	70	hazard	hazard	NOUN
fbem-8587	29	71	industry	industry	NOUN
fbem-8587	29	72	index	index	NOUN
fbem-8587	29	73	trigger	trigger	NOUN
fbem-8587	29	74	mechanism	mechanism	NOUN
fbem-8587	29	75	take	take	VERB
fbem-8587	29	76	the	the	DET
fbem-8587	29	77	loss	loss	NOUN
fbem-8587	29	78	value	value	NOUN
fbem-8587	29	79	of	of	ADP
fbem-8587	29	80	the	the	DET
fbem-8587	29	81	whole	whole	ADJ
fbem-8587	29	82	industry	industry	NOUN
fbem-8587	29	83	caused	cause	VERB
fbem-8587	29	84	by	by	ADP
fbem-8587	29	85	the	the	DET
fbem-8587	29	86	disaster	disaster	NOUN
fbem-8587	29	87	as	as	ADP
fbem-8587	29	88	a	a	DET
fbem-8587	29	89	touch	touch	NOUN
fbem-8587	29	90	originating	originate	VERB
fbem-8587	29	91	node	node	NOUN
fbem-8587	29	92	catastrophe	catastrophe	NOUN
fbem-8587	29	93	bonds	bond	NOUN
fbem-8587	29	94	issued	issue	VERB
fbem-8587	29	95	by	by	ADP
fbem-8587	29	96	swissre	swissre	NOUN
fbem-8587	29	97	in	in	ADP
fbem-8587	29	98	1997	1997	NUM
fbem-8587	29	99	catastrophe	catastrophe	NOUN
fbem-8587	29	100	bonds	bond	NOUN
fbem-8587	29	101	issued	issue	VERB
fbem-8587	29	102	as	as	ADP
fbem-8587	29	103	a	a	DET
fbem-8587	29	104	third	third	ADJ
fbem-8587	29	105	party	party	NOUN
fbem-8587	29	106	institution	institution	NOUN
fbem-8587	29	107	based	base	VERB
fbem-8587	29	108	on	on	ADP
fbem-8587	29	109	industry	industry	NOUN
fbem-8587	29	110	loss	loss	NOUN
fbem-8587	29	111	value	value	NOUN
fbem-8587	29	112	,	,	PUNCT
fbem-8587	29	113	less	less	ADV
fbem-8587	29	114	moral	moral	ADJ
fbem-8587	29	115	hazard	hazard	NOUN
fbem-8587	29	116	counting	counting	NOUN
fbem-8587	29	117	losses	loss	NOUN
fbem-8587	29	118	takes	take	VERB
fbem-8587	29	119	time	time	NOUN
fbem-8587	29	120	,	,	PUNCT
fbem-8587	29	121	can	can	AUX
fbem-8587	29	122	not	not	PART
fbem-8587	29	123	be	be	AUX
fbem-8587	29	124	paid	pay	VERB
fbem-8587	29	125	in	in	ADP
fbem-8587	29	126	time	time	NOUN
fbem-8587	29	127	,	,	PUNCT
fbem-8587	29	128	and	and	CCONJ
fbem-8587	29	129	there	there	PRON
fbem-8587	29	130	is	be	VERB
fbem-8587	29	131	a	a	DET
fbem-8587	29	132	risk	risk	NOUN
fbem-8587	29	133	of	of	ADP
fbem-8587	29	134	basis	basis	NOUN
fbem-8587	29	135	physical	physical	ADJ
fbem-8587	29	136	parameters	parameter	NOUN
fbem-8587	29	137	trigger	trigger	NOUN
fbem-8587	29	138	mechanism	mechanism	NOUN
fbem-8587	29	139	take	take	VERB
fbem-8587	29	140	certain	certain	ADJ
fbem-8587	29	141	physical	physical	ADJ
fbem-8587	29	142	characteristics	characteristic	NOUN
fbem-8587	29	143	of	of	ADP
fbem-8587	29	144	the	the	DET
fbem-8587	29	145	disaster	disaster	NOUN
fbem-8587	29	146	as	as	SCONJ
fbem-8587	29	147	the	the	DET
fbem-8587	29	148	basis	basis	NOUN
fbem-8587	29	149	for	for	ADP
fbem-8587	29	150	the	the	DET
fbem-8587	29	151	payment	payment	NOUN
fbem-8587	29	152	of	of	ADP
fbem-8587	29	153	bonds	bond	NOUN
fbem-8587	29	154	earthquake	earthquake	NOUN
fbem-8587	29	155	catastrophe	catastrophe	NOUN
fbem-8587	29	156	bond	bond	NOUN
fbem-8587	29	157	issued	issue	VERB
fbem-8587	29	158	by	by	ADP
fbem-8587	29	159	tokyo	tokyo	PROPN
fbem-8587	29	160	marine	marine	PROPN
fbem-8587	29	161	fire	fire	NOUN
fbem-8587	29	162	insurance	insurance	NOUN
fbem-8587	29	163	company	company	NOUN
fbem-8587	29	164	in	in	ADP
fbem-8587	29	165	japan	japan	PROPN
fbem-8587	29	166	in	in	ADP
fbem-8587	29	167	1997	1997	NUM
fbem-8587	29	168	relatively	relatively	ADV
fbem-8587	29	169	simple	simple	ADJ
fbem-8587	29	170	operation	operation	NOUN
fbem-8587	29	171	,	,	PUNCT
fbem-8587	29	172	high	high	ADJ
fbem-8587	29	173	transparency	transparency	NOUN
fbem-8587	29	174	and	and	CCONJ
fbem-8587	29	175	low	low	ADJ
fbem-8587	29	176	moral	moral	ADJ
fbem-8587	29	177	hazard	hazard	NOUN
fbem-8587	29	178	the	the	DET
fbem-8587	29	179	disaster	disaster	NOUN
fbem-8587	29	180	intensity	intensity	NOUN
fbem-8587	29	181	is	be	AUX
fbem-8587	29	182	different	different	ADJ
fbem-8587	29	183	in	in	ADP
fbem-8587	29	184	different	different	ADJ
fbem-8587	29	185	ranges	range	NOUN
fbem-8587	29	186	,	,	PUNCT
fbem-8587	29	187	and	and	CCONJ
fbem-8587	29	188	there	there	PRON
fbem-8587	29	189	is	be	VERB
fbem-8587	29	190	a	a	DET
fbem-8587	29	191	certain	certain	ADJ
fbem-8587	29	192	basis	basis	NOUN
fbem-8587	29	193	differential	differential	NOUN
fbem-8587	29	194	risk	risk	NOUN
fbem-8587	29	195	144	144	NUM
fbem-8587	29	196	in	in	ADP
fbem-8587	29	197	summary	summary	NOUN
fbem-8587	29	198	,	,	PUNCT
fbem-8587	29	199	although	although	SCONJ
fbem-8587	29	200	there	there	PRON
fbem-8587	29	201	is	be	VERB
fbem-8587	29	202	some	some	DET
fbem-8587	29	203	moral	moral	ADJ
fbem-8587	29	204	hazard	hazard	NOUN
fbem-8587	29	205	in	in	ADP
fbem-8587	29	206	the	the	DET
fbem-8587	29	207	actual	actual	ADJ
fbem-8587	29	208	loss	loss	NOUN
fbem-8587	29	209	trigger	trigger	NOUN
fbem-8587	29	210	mechanism	mechanism	NOUN
fbem-8587	29	211	,	,	PUNCT
fbem-8587	29	212	this	this	DET
fbem-8587	29	213	risk	risk	NOUN
fbem-8587	29	214	can	can	AUX
fbem-8587	29	215	be	be	AUX
fbem-8587	29	216	weakened	weaken	VERB
fbem-8587	29	217	through	through	ADP
fbem-8587	29	218	continuous	continuous	ADJ
fbem-8587	29	219	improvement	improvement	NOUN
fbem-8587	29	220	of	of	ADP
fbem-8587	29	221	the	the	DET
fbem-8587	29	222	subsequent	subsequent	ADJ
fbem-8587	29	223	system	system	NOUN
fbem-8587	29	224	,	,	PUNCT
fbem-8587	29	225	strict	strict	ADJ
fbem-8587	29	226	supervision	supervision	NOUN
fbem-8587	29	227	of	of	ADP
fbem-8587	29	228	relevant	relevant	ADJ
fbem-8587	29	229	departments	department	NOUN
fbem-8587	29	230	and	and	CCONJ
fbem-8587	29	231	continuous	continuous	ADJ
fbem-8587	29	232	narrowing	narrowing	NOUN
fbem-8587	29	233	of	of	ADP
fbem-8587	29	234	the	the	DET
fbem-8587	29	235	information	information	NOUN
fbem-8587	29	236	gap	gap	NOUN
fbem-8587	29	237	,	,	PUNCT
fbem-8587	29	238	and	and	CCONJ
fbem-8587	29	239	the	the	DET
fbem-8587	29	240	impact	impact	NOUN
fbem-8587	29	241	of	of	ADP
fbem-8587	29	242	moral	moral	ADJ
fbem-8587	29	243	hazard	hazard	NOUN
fbem-8587	29	244	can	can	AUX
fbem-8587	29	245	be	be	AUX
fbem-8587	29	246	reduced	reduce	VERB
fbem-8587	29	247	by	by	ADP
fbem-8587	29	248	adjusting	adjust	VERB
fbem-8587	29	249	the	the	DET
fbem-8587	29	250	triggered	trigger	VERB
fbem-8587	29	251	parameter	parameter	NOUN
fbem-8587	29	252	values	value	NOUN
fbem-8587	29	253	in	in	ADP
fbem-8587	29	254	the	the	DET
fbem-8587	29	255	actual	actual	ADJ
fbem-8587	29	256	pricing	pricing	NOUN
fbem-8587	29	257	of	of	ADP
fbem-8587	29	258	bonds	bond	NOUN
fbem-8587	29	259	.	.	PUNCT
fbem-8587	30	1	therefore	therefore	ADV
fbem-8587	30	2	,	,	PUNCT
fbem-8587	30	3	the	the	DET
fbem-8587	30	4	actual	actual	ADJ
fbem-8587	30	5	loss	loss	NOUN
fbem-8587	30	6	trigger	trigger	NOUN
fbem-8587	30	7	mechanism	mechanism	NOUN
fbem-8587	30	8	is	be	AUX
fbem-8587	30	9	more	more	ADJ
fbem-8587	30	10	in	in	ADP
fbem-8587	30	11	line	line	NOUN
fbem-8587	30	12	with	with	ADP
fbem-8587	30	13	the	the	DET
fbem-8587	30	14	claim	claim	NOUN
fbem-8587	30	15	settlement	settlement	NOUN
fbem-8587	30	16	needs	need	NOUN
fbem-8587	30	17	of	of	ADP
fbem-8587	30	18	insurance	insurance	NOUN
fbem-8587	30	19	companies	company	NOUN
fbem-8587	30	20	.	.	PUNCT
fbem-8587	31	1	2.2.2	2.2.2	X
fbem-8587	31	2	.	.	PUNCT
fbem-8587	31	3	risk	risk	NOUN
fbem-8587	31	4	term	term	NOUN
fbem-8587	31	5	of	of	ADP
fbem-8587	31	6	bonds	bond	NOUN
fbem-8587	31	7	it	it	PRON
fbem-8587	31	8	is	be	AUX
fbem-8587	31	9	generally	generally	ADV
fbem-8587	31	10	believed	believe	VERB
fbem-8587	31	11	that	that	SCONJ
fbem-8587	31	12	if	if	SCONJ
fbem-8587	31	13	the	the	DET
fbem-8587	31	14	bond	bond	NOUN
fbem-8587	31	15	term	term	NOUN
fbem-8587	31	16	is	be	AUX
fbem-8587	31	17	too	too	ADV
fbem-8587	31	18	long	long	ADJ
fbem-8587	31	19	,	,	PUNCT
fbem-8587	31	20	the	the	DET
fbem-8587	31	21	probability	probability	NOUN
fbem-8587	31	22	of	of	ADP
fbem-8587	31	23	catastrophe	catastrophe	NOUN
fbem-8587	31	24	loss	loss	NOUN
fbem-8587	31	25	will	will	AUX
fbem-8587	31	26	be	be	AUX
fbem-8587	31	27	increased	increase	VERB
fbem-8587	31	28	during	during	ADP
fbem-8587	31	29	the	the	DET
fbem-8587	31	30	risk	risk	NOUN
fbem-8587	31	31	period	period	NOUN
fbem-8587	31	32	,	,	PUNCT
fbem-8587	31	33	which	which	PRON
fbem-8587	31	34	increases	increase	VERB
fbem-8587	31	35	the	the	DET
fbem-8587	31	36	possibility	possibility	NOUN
fbem-8587	31	37	of	of	ADP
fbem-8587	31	38	investors	investor	NOUN
fbem-8587	31	39	'	'	PART
fbem-8587	31	40	principal	principal	NOUN
fbem-8587	31	41	and	and	CCONJ
fbem-8587	31	42	interest	interest	NOUN
fbem-8587	31	43	loss	loss	NOUN
fbem-8587	31	44	.	.	PUNCT
fbem-8587	32	1	on	on	ADP
fbem-8587	32	2	the	the	DET
fbem-8587	32	3	other	other	ADJ
fbem-8587	32	4	hand	hand	NOUN
fbem-8587	32	5	,	,	PUNCT
fbem-8587	32	6	because	because	SCONJ
fbem-8587	32	7	the	the	DET
fbem-8587	32	8	issuance	issuance	NOUN
fbem-8587	32	9	of	of	ADP
fbem-8587	32	10	bonds	bond	NOUN
fbem-8587	32	11	requires	require	VERB
fbem-8587	32	12	certain	certain	ADJ
fbem-8587	32	13	financial	financial	ADJ
fbem-8587	32	14	and	and	CCONJ
fbem-8587	32	15	material	material	ADJ
fbem-8587	32	16	resources	resource	NOUN
fbem-8587	32	17	,	,	PUNCT
fbem-8587	32	18	if	if	SCONJ
fbem-8587	32	19	the	the	DET
fbem-8587	32	20	maturity	maturity	NOUN
fbem-8587	32	21	of	of	ADP
fbem-8587	32	22	bonds	bond	NOUN
fbem-8587	32	23	is	be	AUX
fbem-8587	32	24	too	too	ADV
fbem-8587	32	25	short	short	ADJ
fbem-8587	32	26	,	,	PUNCT
fbem-8587	32	27	it	it	PRON
fbem-8587	32	28	will	will	AUX
fbem-8587	32	29	not	not	PART
fbem-8587	32	30	be	be	AUX
fbem-8587	32	31	conducive	conducive	ADJ
fbem-8587	32	32	to	to	ADP
fbem-8587	32	33	the	the	DET
fbem-8587	32	34	allocation	allocation	NOUN
fbem-8587	32	35	of	of	ADP
fbem-8587	32	36	issuance	issuance	NOUN
fbem-8587	32	37	costs	cost	NOUN
fbem-8587	32	38	,	,	PUNCT
fbem-8587	32	39	and	and	CCONJ
fbem-8587	32	40	if	if	SCONJ
fbem-8587	32	41	the	the	DET
fbem-8587	32	42	maturity	maturity	NOUN
fbem-8587	32	43	is	be	AUX
fbem-8587	32	44	too	too	ADV
fbem-8587	32	45	short	short	ADJ
fbem-8587	32	46	,	,	PUNCT
fbem-8587	32	47	it	it	PRON
fbem-8587	32	48	may	may	AUX
fbem-8587	32	49	not	not	PART
fbem-8587	32	50	be	be	AUX
fbem-8587	32	51	able	able	ADJ
fbem-8587	32	52	to	to	PART
fbem-8587	32	53	cover	cover	VERB
fbem-8587	32	54	the	the	DET
fbem-8587	32	55	insurance	insurance	NOUN
fbem-8587	32	56	period	period	NOUN
fbem-8587	32	57	of	of	ADP
fbem-8587	32	58	insurance	insurance	NOUN
fbem-8587	32	59	company	company	NOUN
fbem-8587	32	60	,	,	PUNCT
fbem-8587	32	61	so	so	CCONJ
fbem-8587	32	62	the	the	DET
fbem-8587	32	63	practical	practical	ADJ
fbem-8587	32	64	significance	significance	NOUN
fbem-8587	32	65	of	of	ADP
fbem-8587	32	66	this	this	DET
fbem-8587	32	67	catastrophe	catastrophe	NOUN
fbem-8587	32	68	transfer	transfer	NOUN
fbem-8587	32	69	mechanism	mechanism	NOUN
fbem-8587	32	70	will	will	AUX
fbem-8587	32	71	be	be	AUX
fbem-8587	32	72	very	very	ADV
fbem-8587	32	73	low	low	ADJ
fbem-8587	32	74	.	.	PUNCT
fbem-8587	33	1	at	at	ADP
fbem-8587	33	2	present	present	ADJ
fbem-8587	33	3	,	,	PUNCT
fbem-8587	33	4	the	the	DET
fbem-8587	33	5	maturity	maturity	NOUN
fbem-8587	33	6	time	time	NOUN
fbem-8587	33	7	of	of	ADP
fbem-8587	33	8	bonds	bond	NOUN
fbem-8587	33	9	in	in	ADP
fbem-8587	33	10	the	the	DET
fbem-8587	33	11	international	international	ADJ
fbem-8587	33	12	catastrophe	catastrophe	NOUN
fbem-8587	33	13	bond	bond	NOUN
fbem-8587	33	14	market	market	NOUN
fbem-8587	33	15	is	be	AUX
fbem-8587	33	16	mostly	mostly	ADV
fbem-8587	33	17	3	3	NUM
fbem-8587	33	18	years	year	NOUN
fbem-8587	33	19	.	.	PUNCT
fbem-8587	34	1	on	on	ADP
fbem-8587	34	2	the	the	DET
fbem-8587	34	3	one	one	NUM
fbem-8587	34	4	hand	hand	NOUN
fbem-8587	34	5	,	,	PUNCT
fbem-8587	34	6	it	it	PRON
fbem-8587	34	7	gives	give	VERB
fbem-8587	34	8	the	the	DET
fbem-8587	34	9	issuer	issuer	NOUN
fbem-8587	34	10	sufficient	sufficient	ADJ
fbem-8587	34	11	time	time	NOUN
fbem-8587	34	12	to	to	PART
fbem-8587	34	13	amortize	amortize	VERB
fbem-8587	34	14	the	the	DET
fbem-8587	34	15	issuance	issuance	NOUN
fbem-8587	34	16	cost	cost	NOUN
fbem-8587	34	17	.	.	PUNCT
fbem-8587	35	1	on	on	ADP
fbem-8587	35	2	the	the	DET
fbem-8587	35	3	other	other	ADJ
fbem-8587	35	4	hand	hand	NOUN
fbem-8587	35	5	,	,	PUNCT
fbem-8587	35	6	when	when	SCONJ
fbem-8587	35	7	the	the	DET
fbem-8587	35	8	market	market	NOUN
fbem-8587	35	9	environment	environment	NOUN
fbem-8587	35	10	changes	change	NOUN
fbem-8587	35	11	or	or	CCONJ
fbem-8587	35	12	disaster	disaster	NOUN
fbem-8587	35	13	indicators	indicator	NOUN
fbem-8587	35	14	change	change	VERB
fbem-8587	35	15	greatly	greatly	ADV
fbem-8587	35	16	,	,	PUNCT
fbem-8587	35	17	it	it	PRON
fbem-8587	35	18	can	can	AUX
fbem-8587	35	19	provide	provide	VERB
fbem-8587	35	20	a	a	DET
fbem-8587	35	21	certain	certain	ADJ
fbem-8587	35	22	buffer	buffer	NOUN
fbem-8587	35	23	time	time	NOUN
fbem-8587	35	24	for	for	ADP
fbem-8587	35	25	the	the	DET
fbem-8587	35	26	adjustment	adjustment	NOUN
fbem-8587	35	27	of	of	ADP
fbem-8587	35	28	related	related	ADJ
fbem-8587	35	29	parameters	parameter	NOUN
fbem-8587	35	30	of	of	ADP
fbem-8587	35	31	bonds	bond	NOUN
fbem-8587	35	32	.	.	PUNCT
fbem-8587	36	1	therefore	therefore	ADV
fbem-8587	36	2	,	,	PUNCT
fbem-8587	36	3	it	it	PRON
fbem-8587	36	4	is	be	AUX
fbem-8587	36	5	more	more	ADV
fbem-8587	36	6	appropriate	appropriate	ADJ
fbem-8587	36	7	to	to	PART
fbem-8587	36	8	set	set	VERB
fbem-8587	36	9	the	the	DET
fbem-8587	36	10	risk	risk	NOUN
fbem-8587	36	11	maturity	maturity	NOUN
fbem-8587	36	12	of	of	ADP
fbem-8587	36	13	bonds	bond	NOUN
fbem-8587	36	14	as	as	ADP
fbem-8587	36	15	3	3	NUM
fbem-8587	36	16	years	year	NOUN
fbem-8587	36	17	.	.	PUNCT
fbem-8587	37	1	3	3	X
fbem-8587	37	2	.	.	X
fbem-8587	37	3	loss	loss	NOUN
fbem-8587	37	4	distribution	distribution	NOUN
fbem-8587	37	5	fitting	fitting	ADJ
fbem-8587	37	6	of	of	ADP
fbem-8587	37	7	wenzhou	wenzhou	PROPN
fbem-8587	37	8	geological	geological	ADJ
fbem-8587	37	9	disaster	disaster	NOUN
fbem-8587	37	10	3.1	3.1	NUM
fbem-8587	37	11	.	.	PUNCT
fbem-8587	38	1	data	datum	NOUN
fbem-8587	38	2	selection	selection	NOUN
fbem-8587	38	3	through	through	ADP
fbem-8587	38	4	consulting	consult	VERB
fbem-8587	38	5	the	the	DET
fbem-8587	38	6	geological	geological	ADJ
fbem-8587	38	7	disaster	disaster	NOUN
fbem-8587	38	8	bulletin	bulletin	NOUN
fbem-8587	38	9	of	of	ADP
fbem-8587	38	10	wenzhou	wenzhou	PROPN
fbem-8587	38	11	,	,	PUNCT
fbem-8587	38	12	the	the	DET
fbem-8587	38	13	direct	direct	ADJ
fbem-8587	38	14	economic	economic	ADJ
fbem-8587	38	15	losses	loss	NOUN
fbem-8587	38	16	of	of	ADP
fbem-8587	38	17	geological	geological	ADJ
fbem-8587	38	18	disasters	disaster	NOUN
fbem-8587	38	19	in	in	ADP
fbem-8587	38	20	the	the	DET
fbem-8587	38	21	past	past	ADJ
fbem-8587	38	22	years	year	NOUN
fbem-8587	38	23	from	from	ADP
fbem-8587	38	24	2007	2007	NUM
fbem-8587	38	25	to	to	ADP
fbem-8587	38	26	2021	2021	NUM
fbem-8587	38	27	were	be	AUX
fbem-8587	38	28	obtained	obtain	VERB
fbem-8587	38	29	.	.	PUNCT
fbem-8587	39	1	considering	consider	VERB
fbem-8587	39	2	the	the	DET
fbem-8587	39	3	effect	effect	NOUN
fbem-8587	39	4	of	of	ADP
fbem-8587	39	5	inflation	inflation	NOUN
fbem-8587	39	6	,	,	PUNCT
fbem-8587	39	7	the	the	DET
fbem-8587	39	8	sample	sample	NOUN
fbem-8587	39	9	data	datum	NOUN
fbem-8587	39	10	were	be	AUX
fbem-8587	39	11	adjusted	adjust	VERB
fbem-8587	39	12	with	with	ADP
fbem-8587	39	13	the	the	DET
fbem-8587	39	14	price	price	NOUN
fbem-8587	39	15	of	of	ADP
fbem-8587	39	16	2021	2021	NUM
fbem-8587	39	17	as	as	ADP
fbem-8587	39	18	the	the	DET
fbem-8587	39	19	base	base	NOUN
fbem-8587	39	20	period	period	NOUN
fbem-8587	39	21	and	and	CCONJ
fbem-8587	39	22	the	the	DET
fbem-8587	39	23	price	price	NOUN
fbem-8587	39	24	index	index	NOUN
fbem-8587	39	25	of	of	ADP
fbem-8587	39	26	the	the	DET
fbem-8587	39	27	past	past	ADJ
fbem-8587	39	28	years	year	NOUN
fbem-8587	39	29	as	as	ADP
fbem-8587	39	30	the	the	DET
fbem-8587	39	31	gdp	gdp	NOUN
fbem-8587	39	32	deflator	deflator	PROPN
fbem-8587	39	33	.	.	PUNCT
fbem-8587	40	1	next	next	ADJ
fbem-8587	40	2	,	,	PUNCT
fbem-8587	40	3	descriptive	descriptive	ADJ
fbem-8587	40	4	statistical	statistical	ADJ
fbem-8587	40	5	analysis	analysis	NOUN
fbem-8587	40	6	of	of	ADP
fbem-8587	40	7	the	the	DET
fbem-8587	40	8	data	datum	NOUN
fbem-8587	40	9	was	be	AUX
fbem-8587	40	10	carried	carry	VERB
fbem-8587	40	11	out	out	ADP
fbem-8587	40	12	using	use	VERB
fbem-8587	40	13	spss	spss	PROPN
fbem-8587	40	14	.	.	PUNCT
fbem-8587	41	1	table	table	NOUN
fbem-8587	41	2	2	2	NUM
fbem-8587	41	3	.	.	PUNCT
fbem-8587	41	4	descriptive	descriptive	ADJ
fbem-8587	41	5	statistics	statistic	NOUN
fbem-8587	41	6	of	of	ADP
fbem-8587	41	7	the	the	DET
fbem-8587	41	8	data	data	NOUN
fbem-8587	41	9	research	research	NOUN
fbem-8587	41	10	object	object	VERB
fbem-8587	41	11	minimum	minimum	NOUN
fbem-8587	41	12	maximum	maximum	ADJ
fbem-8587	41	13	mean	mean	NOUN
fbem-8587	41	14	standard	standard	ADJ
fbem-8587	41	15	deviation	deviation	NOUN
fbem-8587	41	16	skewness	skewness	NOUN
fbem-8587	41	17	kurtosis	kurtosis	VERB
fbem-8587	41	18	direct	direct	ADJ
fbem-8587	41	19	economic	economic	ADJ
fbem-8587	41	20	loss	loss	NOUN
fbem-8587	41	21	5.41	5.41	NUM
fbem-8587	41	22	5454.77	5454.77	NUM
fbem-8587	41	23	860.9810	860.9810	NUM
fbem-8587	41	24	1518.5296	1518.5296	NUM
fbem-8587	41	25	2.551	2.551	NUM
fbem-8587	41	26	6.255	6.255	NUM
fbem-8587	41	27	the	the	DET
fbem-8587	41	28	skewness	skewness	NOUN
fbem-8587	41	29	of	of	ADP
fbem-8587	41	30	this	this	DET
fbem-8587	41	31	sample	sample	NOUN
fbem-8587	41	32	data	data	NOUN
fbem-8587	41	33	is	be	AUX
fbem-8587	41	34	2.551	2.551	NUM
fbem-8587	41	35	,	,	PUNCT
fbem-8587	41	36	which	which	PRON
fbem-8587	41	37	is	be	AUX
fbem-8587	41	38	greater	great	ADJ
fbem-8587	41	39	than	than	ADP
fbem-8587	41	40	0	0	NUM
fbem-8587	41	41	;	;	PUNCT
fbem-8587	41	42	the	the	DET
fbem-8587	41	43	kurtosis	kurtosis	NOUN
fbem-8587	41	44	is	be	AUX
fbem-8587	41	45	6.255	6.255	NUM
fbem-8587	41	46	,	,	PUNCT
fbem-8587	41	47	greater	great	ADJ
fbem-8587	41	48	than	than	ADP
fbem-8587	41	49	3	3	NUM
fbem-8587	41	50	,	,	PUNCT
fbem-8587	41	51	showing	show	VERB
fbem-8587	41	52	a	a	DET
fbem-8587	41	53	peakto	peakto	NOUN
fbem-8587	41	54	-	-	PUNCT
fbem-8587	41	55	tail	tail	NOUN
fbem-8587	41	56	distribution	distribution	NOUN
fbem-8587	41	57	,	,	PUNCT
fbem-8587	41	58	and	and	CCONJ
fbem-8587	41	59	the	the	DET
fbem-8587	41	60	sample	sample	NOUN
fbem-8587	41	61	data	datum	NOUN
fbem-8587	41	62	does	do	AUX
fbem-8587	41	63	not	not	PART
fbem-8587	41	64	conform	conform	VERB
fbem-8587	41	65	to	to	ADP
fbem-8587	41	66	the	the	DET
fbem-8587	41	67	characteristics	characteristic	NOUN
fbem-8587	41	68	of	of	ADP
fbem-8587	41	69	normal	normal	ADJ
fbem-8587	41	70	distribution	distribution	NOUN
fbem-8587	41	71	.	.	PUNCT
fbem-8587	42	1	3.2	3.2	NUM
fbem-8587	42	2	.	.	PUNCT
fbem-8587	42	3	fitting	fitting	ADJ
fbem-8587	42	4	test	test	NOUN
fbem-8587	42	5	p	p	NOUN
fbem-8587	42	6	-	-	PUNCT
fbem-8587	42	7	p	p	NOUN
fbem-8587	42	8	diagram	diagram	NOUN
fbem-8587	42	9	test	test	NOUN
fbem-8587	42	10	is	be	AUX
fbem-8587	42	11	performed	perform	VERB
fbem-8587	42	12	on	on	ADP
fbem-8587	42	13	the	the	DET
fbem-8587	42	14	distribution	distribution	NOUN
fbem-8587	42	15	function	function	NOUN
fbem-8587	42	16	as	as	SCONJ
fbem-8587	42	17	follows	follow	VERB
fbem-8587	42	18	:	:	PUNCT
fbem-8587	42	19	figure	figure	NOUN
fbem-8587	42	20	2	2	NUM
fbem-8587	42	21	.	.	PUNCT
fbem-8587	43	1	p	p	X
fbem-8587	43	2	-	-	PUNCT
fbem-8587	43	3	p	p	NOUN
fbem-8587	43	4	test	test	NOUN
fbem-8587	43	5	diagram	diagram	NOUN
fbem-8587	43	6	of	of	ADP
fbem-8587	43	7	distribution	distribution	NOUN
fbem-8587	43	8	function	function	NOUN
fbem-8587	43	9	145	145	NUM
fbem-8587	43	10	it	it	PRON
fbem-8587	43	11	is	be	AUX
fbem-8587	43	12	found	find	VERB
fbem-8587	43	13	that	that	SCONJ
fbem-8587	43	14	the	the	DET
fbem-8587	43	15	probability	probability	NOUN
fbem-8587	43	16	distribution	distribution	NOUN
fbem-8587	43	17	of	of	ADP
fbem-8587	43	18	the	the	DET
fbem-8587	43	19	data	data	NOUN
fbem-8587	43	20	follows	follow	VERB
fbem-8587	43	21	the	the	DET
fbem-8587	43	22	lognormal	lognormal	ADJ
fbem-8587	43	23	distribution	distribution	NOUN
fbem-8587	43	24	well	well	ADV
fbem-8587	43	25	by	by	ADP
fbem-8587	43	26	testing	test	VERB
fbem-8587	43	27	the	the	DET
fbem-8587	43	28	results	result	NOUN
fbem-8587	43	29	of	of	ADP
fbem-8587	43	30	the	the	DET
fbem-8587	43	31	p	p	NOUN
fbem-8587	43	32	-	-	PUNCT
fbem-8587	44	1	p	p	NOUN
fbem-8587	44	2	graph.in	graph.in	X
fbem-8587	44	3	order	order	NOUN
fbem-8587	44	4	to	to	PART
fbem-8587	44	5	verify	verify	VERB
fbem-8587	44	6	whether	whether	SCONJ
fbem-8587	44	7	the	the	DET
fbem-8587	44	8	conjecture	conjecture	NOUN
fbem-8587	44	9	is	be	AUX
fbem-8587	44	10	correct	correct	ADJ
fbem-8587	44	11	,	,	PUNCT
fbem-8587	44	12	the	the	DET
fbem-8587	44	13	k	k	PROPN
fbem-8587	44	14	-	-	PUNCT
fbem-8587	44	15	s	s	PART
fbem-8587	44	16	test	test	NOUN
fbem-8587	44	17	is	be	AUX
fbem-8587	44	18	carried	carry	VERB
fbem-8587	44	19	out.firstly	out.firstly	ADV
fbem-8587	44	20	,	,	PUNCT
fbem-8587	44	21	the	the	DET
fbem-8587	44	22	parameter	parameter	NOUN
fbem-8587	44	23	values	value	NOUN
fbem-8587	44	24	of	of	ADP
fbem-8587	44	25	the	the	DET
fbem-8587	44	26	corresponding	corresponding	ADJ
fbem-8587	44	27	distribution	distribution	NOUN
fbem-8587	44	28	were	be	AUX
fbem-8587	44	29	obtained	obtain	VERB
fbem-8587	44	30	by	by	ADP
fbem-8587	44	31	maximum	maximum	ADJ
fbem-8587	44	32	likelihood	likelihood	NOUN
fbem-8587	44	33	estimation	estimation	NOUN
fbem-8587	44	34	,	,	PUNCT
fbem-8587	44	35	and	and	CCONJ
fbem-8587	44	36	the	the	DET
fbem-8587	44	37	k	k	PROPN
fbem-8587	44	38	-	-	PUNCT
fbem-8587	44	39	s	s	PART
fbem-8587	44	40	test	test	NOUN
fbem-8587	44	41	results	result	NOUN
fbem-8587	44	42	were	be	AUX
fbem-8587	44	43	analyzed	analyze	VERB
fbem-8587	44	44	at	at	ADP
fbem-8587	44	45	the	the	DET
fbem-8587	44	46	significance	significance	NOUN
fbem-8587	44	47	level	level	NOUN
fbem-8587	44	48	of	of	ADP
fbem-8587	44	49	0.05	0.05	NUM
fbem-8587	44	50	.	.	PUNCT
fbem-8587	45	1	table	table	NOUN
fbem-8587	45	2	3	3	NUM
fbem-8587	45	3	.	.	PUNCT
fbem-8587	46	1	fitting	fitting	ADJ
fbem-8587	46	2	results	result	NOUN
fbem-8587	46	3	of	of	ADP
fbem-8587	46	4	the	the	DET
fbem-8587	46	5	distribution	distribution	NOUN
fbem-8587	46	6	model	model	NOUN
fbem-8587	46	7	probability	probability	NOUN
fbem-8587	46	8	distribution	distribution	NOUN
fbem-8587	46	9	function	function	NOUN
fbem-8587	46	10	parameter	parameter	NOUN
fbem-8587	46	11	estimates	estimate	VERB
fbem-8587	46	12	k	k	PROPN
fbem-8587	46	13	-	-	PUNCT
fbem-8587	46	14	s	s	PART
fbem-8587	46	15	test	test	NOUN
fbem-8587	46	16	results	result	NOUN
fbem-8587	46	17	(	(	PUNCT
fbem-8587	46	18	z	z	NOUN
fbem-8587	46	19	-	-	PUNCT
fbem-8587	46	20	values	value	NOUN
fbem-8587	46	21	)	)	PUNCT
fbem-8587	46	22	p	p	NOUN
fbem-8587	46	23	value	value	NOUN
fbem-8587	46	24	normal	normal	ADJ
fbem-8587	46	25	distribution	distribution	NOUN
fbem-8587	46	26	u	u	NOUN
fbem-8587	46	27	=	=	PROPN
fbem-8587	46	28	860.981	860.981	NUM
fbem-8587	46	29	the	the	DET
fbem-8587	46	30	delta	delta	NOUN
fbem-8587	46	31	=	=	PUNCT
fbem-8587	47	1	1467.039	1467.039	NUM
fbem-8587	47	2	0.33342	0.33342	NUM
fbem-8587	47	3	0.05473	0.05473	NUM
fbem-8587	47	4	lognormal	lognormal	ADJ
fbem-8587	47	5	distribution	distribution	NOUN
fbem-8587	47	6	u	u	NOUN
fbem-8587	47	7	=	=	PROPN
fbem-8587	47	8	5.607577	5.607577	NUM
fbem-8587	47	9	lambda	lambda	NOUN
fbem-8587	47	10	=	=	SYM
fbem-8587	47	11	1.619847	1.619847	NUM
fbem-8587	47	12	0.14198	0.14198	NUM
fbem-8587	47	13	0.8823	0.8823	NUM
fbem-8587	47	14	exponential	exponential	ADJ
fbem-8587	47	15	distribution	distribution	NOUN
fbem-8587	47	16	lambda	lambda	NOUN
fbem-8587	47	17	=	=	PUNCT
fbem-8587	47	18	0.1161466	0.1161466	NUM
fbem-8587	47	19	0.93289	0.93289	NUM
fbem-8587	47	20	2.2	2.2	NUM
fbem-8587	47	21	e-16	e-16	NOUN
fbem-8587	47	22	pareto	pareto	ADJ
fbem-8587	47	23	distribution	distribution	NOUN
fbem-8587	47	24	alpha	alpha	NOUN
fbem-8587	47	25	=	=	NOUN
fbem-8587	47	26	0.250	0.250	NUM
fbem-8587	47	27	lambda	lambda	NOUN
fbem-8587	47	28	=	=	VERB
fbem-8587	47	29	5.3844	5.3844	NUM
fbem-8587	47	30	0.9286	0.9286	NUM
fbem-8587	47	31	0.0580	0.0580	NUM
fbem-8587	47	32	gamma	gamma	NOUN
fbem-8587	47	33	distribution	distribution	NOUN
fbem-8587	47	34	alpha	alpha	NOUN
fbem-8587	47	35	=	=	NOUN
fbem-8587	47	36	0.54476	0.54476	NUM
fbem-8587	47	37	beta	beta	NOUN
fbem-8587	47	38	=	=	SYM
fbem-8587	47	39	0.06327	0.06327	NUM
fbem-8587	47	40	0.92895	0.92895	NUM
fbem-8587	47	41	2.2	2.2	NUM
fbem-8587	47	42	e-16	e-16	NOUN
fbem-8587	47	43	weibull	weibull	NOUN
fbem-8587	47	44	distribution	distribution	NOUN
fbem-8587	47	45	shape	shape	NOUN
fbem-8587	47	46	=	=	NOUN
fbem-8587	47	47	0.65591	0.65591	NUM
fbem-8587	47	48	scale	scale	NOUN
fbem-8587	47	49	=	=	PUNCT
fbem-8587	48	1	6.03481	6.03481	NUM
fbem-8587	48	2	0.92527	0.92527	NUM
fbem-8587	48	3	2.2	2.2	NUM
fbem-8587	48	4	e-16	e-16	NOUN
fbem-8587	48	5	3.3	3.3	NUM
fbem-8587	48	6	.	.	PUNCT
fbem-8587	49	1	model	model	NOUN
fbem-8587	49	2	estimation	estimation	NOUN
fbem-8587	49	3	as	as	SCONJ
fbem-8587	49	4	can	can	AUX
fbem-8587	49	5	be	be	AUX
fbem-8587	49	6	seen	see	VERB
fbem-8587	49	7	from	from	ADP
fbem-8587	49	8	the	the	DET
fbem-8587	49	9	results	result	NOUN
fbem-8587	49	10	in	in	ADP
fbem-8587	49	11	the	the	DET
fbem-8587	49	12	table	table	NOUN
fbem-8587	49	13	,	,	PUNCT
fbem-8587	49	14	p=0.8823	p=0.8823	NOUN
fbem-8587	49	15	and	and	CCONJ
fbem-8587	49	16	z=0.14198	z=0.14198	PROPN
fbem-8587	49	17	of	of	ADP
fbem-8587	49	18	the	the	DET
fbem-8587	49	19	lognormal	lognormal	ADJ
fbem-8587	49	20	distribution	distribution	NOUN
fbem-8587	49	21	are	be	AUX
fbem-8587	49	22	the	the	DET
fbem-8587	49	23	optimal	optimal	ADJ
fbem-8587	49	24	results	result	NOUN
fbem-8587	49	25	,	,	PUNCT
fbem-8587	49	26	so	so	CCONJ
fbem-8587	49	27	the	the	DET
fbem-8587	49	28	fitting	fitting	ADJ
fbem-8587	49	29	accuracy	accuracy	NOUN
fbem-8587	49	30	of	of	ADP
fbem-8587	49	31	the	the	DET
fbem-8587	49	32	lognormal	lognormal	ADJ
fbem-8587	49	33	distribution	distribution	NOUN
fbem-8587	49	34	is	be	AUX
fbem-8587	49	35	the	the	DET
fbem-8587	49	36	highest	high	ADJ
fbem-8587	49	37	.	.	PUNCT
fbem-8587	50	1	therefore	therefore	ADV
fbem-8587	50	2	,	,	PUNCT
fbem-8587	50	3	the	the	DET
fbem-8587	50	4	loss	loss	NOUN
fbem-8587	50	5	value	value	NOUN
fbem-8587	50	6	of	of	ADP
fbem-8587	50	7	geological	geological	ADJ
fbem-8587	50	8	disasters	disaster	NOUN
fbem-8587	50	9	follows	follow	VERB
fbem-8587	50	10	the	the	DET
fbem-8587	50	11	lognormal	lognormal	ADJ
fbem-8587	50	12	distribution	distribution	NOUN
fbem-8587	50	13	.	.	PUNCT
fbem-8587	51	1	the	the	DET
fbem-8587	51	2	probability	probability	NOUN
fbem-8587	51	3	density	density	NOUN
fbem-8587	51	4	function	function	NOUN
fbem-8587	51	5	of	of	ADP
fbem-8587	51	6	the	the	DET
fbem-8587	51	7	distribution	distribution	NOUN
fbem-8587	51	8	model	model	NOUN
fbem-8587	51	9	is	be	AUX
fbem-8587	51	10	as	as	SCONJ
fbem-8587	51	11	follows	follow	VERB
fbem-8587	51	12	:	:	PUNCT
fbem-8587	51	13			PROPN
fbem-8587	51	14			PROPN
fbem-8587	51	15			PROPN
fbem-8587	51	16			X
fbem-8587	51	17			NOUN
fbem-8587	51	18			SYM
fbem-8587	51	19			X
fbem-8587	51	20			PROPN
fbem-8587	51	21			SYM
fbem-8587	51	22	2	2	NUM
fbem-8587	51	23	2	2	NUM
fbem-8587	51	24	)	)	PUNCT
fbem-8587	51	25	(	(	PUNCT
fbem-8587	51	26	ln	ln	NOUN
fbem-8587	51	27	2	2	NUM
fbem-8587	51	28	1	1	NUM
fbem-8587	51	29	exp	exp	NOUN
fbem-8587	51	30	2	2	NUM
fbem-8587	51	31	1	1	NUM
fbem-8587	51	32	)	)	PUNCT
fbem-8587	51	33	,	,	PUNCT
fbem-8587	51	34	,	,	PUNCT
fbem-8587	51	35	(	(	PUNCT
fbem-8587	51	36			NOUN
fbem-8587	51	37			X
fbem-8587	51	38			NOUN
fbem-8587	51	39			NUM
fbem-8587	51	40	xxf	xxf	NOUN
fbem-8587	51	41	(	(	PUNCT
fbem-8587	51	42	1	1	NUM
fbem-8587	51	43	)	)	PUNCT
fbem-8587	51	44	the	the	DET
fbem-8587	51	45	estimated	estimate	VERB
fbem-8587	51	46	values	value	NOUN
fbem-8587	51	47	of	of	ADP
fbem-8587	51	48	the	the	DET
fbem-8587	51	49	parameters	parameter	NOUN
fbem-8587	51	50	are	be	AUX
fbem-8587	51	51	:	:	PUNCT
fbem-8587	51	52	6767.16076.5	6767.16076.5	NOUN
fbem-8587	51	53			NUM
fbem-8587	51	54			NOUN
fbem-8587	51	55	，	，	PUNCT
fbem-8587	51	56	the	the	DET
fbem-8587	51	57	probability	probability	NOUN
fbem-8587	51	58	distribution	distribution	NOUN
fbem-8587	51	59	function	function	NOUN
fbem-8587	51	60	is	be	AUX
fbem-8587	51	61	:	:	PUNCT
fbem-8587	51	62			NOUN
fbem-8587	51	63			PROPN
fbem-8587	51	64			X
fbem-8587	51	65			PUNCT
fbem-8587	52	1			PROPN
fbem-8587	52	2			PROPN
fbem-8587	52	3			PROPN
fbem-8587	52	4			PROPN
fbem-8587	52	5			PROPN
fbem-8587	52	6			X
fbem-8587	52	7			NOUN
fbem-8587	52	8			X
fbem-8587	52	9			X
fbem-8587	52	10			PROPN
fbem-8587	52	11			NUM
fbem-8587	52	12			NUM
fbem-8587	52	13	0	0	NUM
fbem-8587	52	14	0	0	NUM
fbem-8587	52	15	ln	ln	ADJ
fbem-8587	52	16	2	2	NUM
fbem-8587	52	17	1	1	NUM
fbem-8587	52	18	)	)	PUNCT
fbem-8587	52	19	(	(	PUNCT
fbem-8587	52	20	2	2	NUM
fbem-8587	52	21	1	1	NUM
fbem-8587	52	22	)	)	PUNCT
fbem-8587	52	23	(	(	PUNCT
fbem-8587	52	24	)	)	PUNCT
fbem-8587	52	25	(	(	PUNCT
fbem-8587	52	26	)	)	PUNCT
fbem-8587	52	27	(	(	PUNCT
fbem-8587	52	28	2	2	NUM
fbem-8587	52	29	2	2	NUM
fbem-8587	52	30	xdxdxfxf	xdxdxfxf	NOUN
fbem-8587	52	31	e	e	NOUN
fbem-8587	52	32	x	x	X
fbem-8587	52	33			NOUN
fbem-8587	52	34			NUM
fbem-8587	52	35			SYM
fbem-8587	52	36	(	(	PUNCT
fbem-8587	52	37	2	2	NUM
fbem-8587	52	38	)	)	PUNCT
fbem-8587	52	39	then	then	ADV
fbem-8587	52	40	the	the	DET
fbem-8587	52	41	probability	probability	NOUN
fbem-8587	52	42	of	of	ADP
fbem-8587	52	43	occurrence	occurrence	NOUN
fbem-8587	52	44	:	:	PUNCT
fbem-8587	52	45	)	)	PUNCT
fbem-8587	52	46	(	(	PUNCT
fbem-8587	52	47	1	1	X
fbem-8587	52	48	)	)	PUNCT
fbem-8587	52	49	(	(	PUNCT
fbem-8587	52	50	xfxp	xfxp	PROPN
fbem-8587	52	51			PROPN
fbem-8587	52	52	corresponding	correspond	VERB
fbem-8587	52	53	return	return	NOUN
fbem-8587	52	54	period	period	NOUN
fbem-8587	52	55	:	:	PUNCT
fbem-8587	52	56	)	)	PUNCT
fbem-8587	52	57	(	(	PUNCT
fbem-8587	52	58	1	1	NUM
fbem-8587	52	59	1	1	NUM
fbem-8587	52	60	)	)	PUNCT
fbem-8587	52	61	(	(	PUNCT
fbem-8587	52	62	1	1	NUM
fbem-8587	52	63	xfxp	xfxp	ADP
fbem-8587	52	64	a	a	DET
fbem-8587	52	65			NOUN
fbem-8587	52	66			NUM
fbem-8587	52	67	based	base	VERB
fbem-8587	52	68	on	on	ADP
fbem-8587	52	69	the	the	DET
fbem-8587	52	70	probability	probability	NOUN
fbem-8587	52	71	distribution	distribution	NOUN
fbem-8587	52	72	function	function	NOUN
fbem-8587	52	73	,	,	PUNCT
fbem-8587	52	74	the	the	DET
fbem-8587	52	75	probability	probability	NOUN
fbem-8587	52	76	of	of	ADP
fbem-8587	52	77	occurrence	occurrence	NOUN
fbem-8587	52	78	and	and	CCONJ
fbem-8587	52	79	the	the	DET
fbem-8587	52	80	theoretical	theoretical	ADJ
fbem-8587	52	81	return	return	NOUN
fbem-8587	52	82	period	period	NOUN
fbem-8587	52	83	under	under	ADP
fbem-8587	52	84	different	different	ADJ
fbem-8587	52	85	disaster	disaster	NOUN
fbem-8587	52	86	losses	loss	NOUN
fbem-8587	52	87	are	be	AUX
fbem-8587	52	88	calculated	calculate	VERB
fbem-8587	52	89	.	.	PUNCT
fbem-8587	53	1	the	the	DET
fbem-8587	53	2	results	result	NOUN
fbem-8587	53	3	are	be	AUX
fbem-8587	53	4	as	as	SCONJ
fbem-8587	53	5	follows	follow	VERB
fbem-8587	53	6	:	:	PUNCT
fbem-8587	53	7	table	table	NOUN
fbem-8587	53	8	4	4	NUM
fbem-8587	53	9	.	.	NOUN
fbem-8587	53	10	probability	probability	NOUN
fbem-8587	53	11	and	and	CCONJ
fbem-8587	53	12	recurrence	recurrence	NOUN
fbem-8587	53	13	period	period	NOUN
fbem-8587	53	14	of	of	ADP
fbem-8587	53	15	direct	direct	ADJ
fbem-8587	53	16	economic	economic	ADJ
fbem-8587	53	17	losses	loss	NOUN
fbem-8587	53	18	caused	cause	VERB
fbem-8587	53	19	by	by	ADP
fbem-8587	53	20	geological	geological	ADJ
fbem-8587	53	21	disasters	disaster	NOUN
fbem-8587	53	22	direct	direct	ADJ
fbem-8587	53	23	economic	economic	ADJ
fbem-8587	53	24	loss	loss	NOUN
fbem-8587	53	25	of	of	ADP
fbem-8587	53	26	geological	geological	ADJ
fbem-8587	53	27	disasters	disaster	NOUN
fbem-8587	53	28	(	(	PUNCT
fbem-8587	53	29	ten	ten	NUM
fbem-8587	53	30	thousand	thousand	NUM
fbem-8587	53	31	yuan	yuan	NOUN
fbem-8587	53	32	)	)	PUNCT
fbem-8587	53	33	probability	probability	NOUN
fbem-8587	53	34	distribution	distribution	NOUN
fbem-8587	53	35	function	function	NOUN
fbem-8587	53	36	values	value	VERB
fbem-8587	53	37	probability	probability	NOUN
fbem-8587	53	38	of	of	ADP
fbem-8587	53	39	occurrence	occurrence	NOUN
fbem-8587	53	40	return	return	NOUN
fbem-8587	53	41	period	period	NOUN
fbem-8587	53	42	16.61	16.61	NUM
fbem-8587	53	43	0.0476	0.0476	NUM
fbem-8587	53	44	0.9524	0.9524	NUM
fbem-8587	54	1	1.0	1.0	NUM
fbem-8587	54	2	103.63	103.63	NUM
fbem-8587	54	3	0.2821	0.2821	NUM
fbem-8587	54	4	0.7179	0.7179	NUM
fbem-8587	54	5	1.4	1.4	NUM
fbem-8587	54	6	103.80	103.80	NUM
fbem-8587	54	7	0.2824	0.2824	NUM
fbem-8587	54	8	0.7176	0.7176	NUM
fbem-8587	54	9	1.4	1.4	NUM
fbem-8587	54	10	127.18	127.18	NUM
fbem-8587	54	11	0.3248	0.3248	NUM
fbem-8587	54	12	0.6752	0.6752	NUM
fbem-8587	54	13	1.5	1.5	NUM
fbem-8587	54	14	158.34	158.34	NUM
fbem-8587	54	15	0.3731	0.3731	NUM
fbem-8587	54	16	0.6269	0.6269	NUM
fbem-8587	54	17	1.6	1.6	NUM
fbem-8587	54	18	162.44	162.44	NUM
fbem-8587	54	19	0.3788	0.3788	NUM
fbem-8587	54	20	0.6212	0.6212	NUM
fbem-8587	54	21	1.6	1.6	NUM
fbem-8587	54	22	260.73	260.73	NUM
fbem-8587	54	23	0.4895	0.4895	NUM
fbem-8587	54	24	0.5105	0.5105	NUM
fbem-8587	54	25	2.0	2.0	NUM
fbem-8587	54	26	272.50	272.50	NUM
fbem-8587	54	27	0.5000	0.5000	NUM
fbem-8587	54	28	0.5000	0.5000	NUM
fbem-8587	54	29	2.0	2.0	NUM
fbem-8587	54	30	325.16	325.16	NUM
fbem-8587	54	31	0.5420	0.5420	NUM
fbem-8587	54	32	0.4580	0.4580	NUM
fbem-8587	54	33	2.2	2.2	NUM
fbem-8587	54	34	342.45	342.45	NUM
fbem-8587	54	35	0.5542	0.5542	NUM
fbem-8587	54	36	0.4458	0.4458	NUM
fbem-8587	54	37	2.2	2.2	NUM
fbem-8587	54	38	737.96	737.96	NUM
fbem-8587	54	39	0.7238	0.7238	NUM
fbem-8587	54	40	0.2762	0.2762	NUM
fbem-8587	54	41	3.6	3.6	NUM
fbem-8587	54	42	1125.04	1125.04	NUM
fbem-8587	54	43	0.8011	0.8011	NUM
fbem-8587	54	44	0.1989	0.1989	NUM
fbem-8587	54	45	5.0	5.0	NUM
fbem-8587	54	46	1117.60	1117.60	NUM
fbem-8587	54	47	0.8000	0.8000	NUM
fbem-8587	54	48	0.2000	0.2000	NUM
fbem-8587	54	49	5.0	5.0	NUM
fbem-8587	54	50	2340.00	2340.00	NUM
fbem-8587	54	51	0.9002	0.9002	NUM
fbem-8587	54	52	0.0998	0.0998	NUM
fbem-8587	54	53	10.0	10.0	NUM
fbem-8587	54	54	3328.21	3328.21	NUM
fbem-8587	54	55	0.9322	0.9322	NUM
fbem-8587	54	56	0.0678	0.0678	NUM
fbem-8587	54	57	14.8	14.8	NUM
fbem-8587	54	58	5454.77	5454.77	NUM
fbem-8587	54	59	0.9630	0.9630	NUM
fbem-8587	54	60	0.0370	0.0370	NUM
fbem-8587	54	61	27.1	27.1	NUM
fbem-8587	54	62	6000.00	6000.00	NUM
fbem-8587	54	63	0.9674	0.9674	NUM
fbem-8587	54	64	0.0326	0.0326	NUM
fbem-8587	54	65	30.7	30.7	NUM
fbem-8587	54	66	as	as	SCONJ
fbem-8587	54	67	can	can	AUX
fbem-8587	54	68	be	be	AUX
fbem-8587	54	69	seen	see	VERB
fbem-8587	54	70	from	from	ADP
fbem-8587	54	71	the	the	DET
fbem-8587	54	72	data	datum	NOUN
fbem-8587	54	73	in	in	ADP
fbem-8587	54	74	the	the	DET
fbem-8587	54	75	table	table	NOUN
fbem-8587	54	76	,	,	PUNCT
fbem-8587	54	77	geological	geological	ADJ
fbem-8587	54	78	disasters	disaster	NOUN
fbem-8587	54	79	such	such	ADJ
fbem-8587	54	80	as	as	ADP
fbem-8587	54	81	landslide	landslide	NOUN
fbem-8587	54	82	,	,	PUNCT
fbem-8587	54	83	collapse	collapse	NOUN
fbem-8587	54	84	and	and	CCONJ
fbem-8587	54	85	debris	debris	NOUN
fbem-8587	54	86	flow	flow	NOUN
fbem-8587	54	87	will	will	AUX
fbem-8587	54	88	occur	occur	VERB
fbem-8587	54	89	in	in	ADP
fbem-8587	54	90	wenzhou	wenzhou	PROPN
fbem-8587	54	91	every	every	DET
fbem-8587	54	92	year	year	NOUN
fbem-8587	54	93	.	.	PUNCT
fbem-8587	55	1	on	on	ADP
fbem-8587	55	2	average	average	ADJ
fbem-8587	55	3	,	,	PUNCT
fbem-8587	55	4	a	a	DET
fbem-8587	55	5	geological	geological	ADJ
fbem-8587	55	6	disaster	disaster	NOUN
fbem-8587	55	7	with	with	ADP
fbem-8587	55	8	a	a	DET
fbem-8587	55	9	loss	loss	NOUN
fbem-8587	55	10	scale	scale	NOUN
fbem-8587	55	11	of	of	ADP
fbem-8587	55	12	more	more	ADJ
fbem-8587	55	13	than	than	ADP
fbem-8587	55	14	2.8	2.8	NUM
fbem-8587	55	15	million	million	NUM
fbem-8587	55	16	yuan	yuan	NOUN
fbem-8587	55	17	will	will	AUX
fbem-8587	55	18	occur	occur	VERB
fbem-8587	55	19	every	every	DET
fbem-8587	55	20	two	two	NUM
fbem-8587	55	21	years.the	years.the	PRON
fbem-8587	55	22	probability	probability	NOUN
fbem-8587	55	23	of	of	ADP
fbem-8587	55	24	annual	annual	ADJ
fbem-8587	55	25	losses	loss	NOUN
fbem-8587	55	26	exceeding	exceed	VERB
fbem-8587	55	27	11.3	11.3	NUM
fbem-8587	55	28	million	million	NUM
fbem-8587	55	29	yuan	yuan	NOUN
fbem-8587	55	30	is	be	AUX
fbem-8587	55	31	about	about	ADV
fbem-8587	55	32	0.2	0.2	NUM
fbem-8587	55	33	,	,	PUNCT
fbem-8587	55	34	that	that	ADV
fbem-8587	55	35	is	is	ADV
fbem-8587	55	36	,	,	PUNCT
fbem-8587	55	37	the	the	DET
fbem-8587	55	38	direct	direct	ADJ
fbem-8587	55	39	economic	economic	ADJ
fbem-8587	55	40	losses	loss	NOUN
fbem-8587	55	41	brought	bring	VERB
fbem-8587	55	42	by	by	ADP
fbem-8587	55	43	geological	geological	ADJ
fbem-8587	55	44	disasters	disaster	NOUN
fbem-8587	55	45	to	to	ADP
fbem-8587	55	46	wenzhou	wenzhou	PROPN
fbem-8587	55	47	will	will	AUX
fbem-8587	55	48	reach	reach	VERB
fbem-8587	55	49	11.3	11.3	NUM
fbem-8587	55	50	million	million	NUM
fbem-8587	55	51	yuan	yuan	NOUN
fbem-8587	55	52	every	every	DET
fbem-8587	55	53	5	5	NUM
fbem-8587	55	54	years	year	NOUN
fbem-8587	55	55	on	on	ADP
fbem-8587	55	56	average.there	average.there	PROPN
fbem-8587	55	57	will	will	AUX
fbem-8587	55	58	be	be	AUX
fbem-8587	55	59	a	a	DET
fbem-8587	55	60	geological	geological	ADJ
fbem-8587	55	61	disaster	disaster	NOUN
fbem-8587	55	62	with	with	ADP
fbem-8587	55	63	a	a	DET
fbem-8587	55	64	loss	loss	NOUN
fbem-8587	55	65	scale	scale	NOUN
fbem-8587	55	66	of	of	ADP
fbem-8587	55	67	23.4	23.4	NUM
fbem-8587	55	68	million	million	NUM
fbem-8587	55	69	yuan	yuan	NOUN
fbem-8587	55	70	every	every	DET
fbem-8587	55	71	10	10	NUM
fbem-8587	55	72	years	year	NOUN
fbem-8587	55	73	.	.	PUNCT
fbem-8587	56	1	since	since	SCONJ
fbem-8587	56	2	the	the	DET
fbem-8587	56	3	parameter	parameter	NOUN
fbem-8587	56	4	of	of	ADP
fbem-8587	56	5	disaster	disaster	NOUN
fbem-8587	56	6	bonds	bond	NOUN
fbem-8587	56	7	with	with	ADP
fbem-8587	56	8	fully	fully	ADV
fbem-8587	56	9	guaranteed	guarantee	VERB
fbem-8587	56	10	principal	principal	NOUN
fbem-8587	56	11	and	and	CCONJ
fbem-8587	56	12	70	70	NUM
fbem-8587	56	13	%	%	NOUN
fbem-8587	56	14	guaranteed	guarantee	VERB
fbem-8587	56	15	principal	principal	NOUN
fbem-8587	56	16	is	be	AUX
fbem-8587	56	17	economic	economic	ADJ
fbem-8587	56	18	loss	loss	NOUN
fbem-8587	56	19	,	,	PUNCT
fbem-8587	56	20	assume	assume	VERB
fbem-8587	56	21	that	that	SCONJ
fbem-8587	56	22	the	the	DET
fbem-8587	56	23	loss	loss	NOUN
fbem-8587	56	24	value	value	NOUN
fbem-8587	56	25	x	x	PUNCT
fbem-8587	56	26	occurs	occur	VERB
fbem-8587	56	27	once	once	ADV
fbem-8587	56	28	every	every	DET
fbem-8587	56	29	5	5	NUM
fbem-8587	56	30	years1nullis	years1nulli	NOUN
fbem-8587	56	31	the	the	DET
fbem-8587	56	32	trigger	trigger	NOUN
fbem-8587	56	33	node	node	NOUN
fbem-8587	56	34	of	of	ADP
fbem-8587	56	35	the	the	DET
fbem-8587	56	36	fully	fully	ADV
fbem-8587	56	37	guaranteed	guarantee	VERB
fbem-8587	56	38	principal	principal	ADJ
fbem-8587	56	39	bond	bond	NOUN
fbem-8587	56	40	,	,	PUNCT
fbem-8587	56	41	and	and	CCONJ
fbem-8587	56	42	146	146	NUM
fbem-8587	56	43	the	the	DET
fbem-8587	56	44	loss	loss	NOUN
fbem-8587	56	45	value	value	NOUN
fbem-8587	57	1	x	x	PUNCT
fbem-8587	57	2	occurs	occur	VERB
fbem-8587	57	3	once	once	ADV
fbem-8587	57	4	every	every	DET
fbem-8587	57	5	10	10	NUM
fbem-8587	57	6	years2nullis	years2nullis	PRON
fbem-8587	57	7	the	the	DET
fbem-8587	57	8	trigger	trigger	NOUN
fbem-8587	57	9	node	node	NOUN
fbem-8587	57	10	of	of	ADP
fbem-8587	57	11	70	70	NUM
fbem-8587	57	12	%	%	NOUN
fbem-8587	57	13	guaranteed	guarantee	VERB
fbem-8587	57	14	bond	bond	NOUN
fbem-8587	57	15	,	,	PUNCT
fbem-8587	57	16	then	then	ADV
fbem-8587	57	17	:	:	PUNCT
fbem-8587	57	18	2.0	2.0	NUM
fbem-8587	57	19	)	)	PUNCT
fbem-8587	57	20	(	(	PUNCT
fbem-8587	57	21	1221	1221	NUM
fbem-8587	57	22			PROPN
fbem-8587	57	23	ffxx	ffxx	ADV
fbem-8587	57	24	xp	xp	PROPN
fbem-8587	57	25	1.0)(1	1.0)(1	NUM
fbem-8587	57	26	)	)	PUNCT
fbem-8587	57	27	(	(	PUNCT
fbem-8587	57	28	22	22	NUM
fbem-8587	57	29			NUM
fbem-8587	57	30	xx	xx	NUM
fbem-8587	57	31	fxp	fxp	NOUN
fbem-8587	58	1	so	so	SCONJ
fbem-8587	58	2	9.07.0	9.07.0	NUM
fbem-8587	58	3	21	21	NUM
fbem-8587	58	4			NUM
fbem-8587	58	5	ff	ff	INTJ
fbem-8587	58	6	，	，	PROPN
fbem-8587	58	7	from	from	ADP
fbem-8587	58	8	the	the	DET
fbem-8587	58	9	above	above	ADJ
fbem-8587	58	10	table	table	NOUN
fbem-8587	58	11	of	of	ADP
fbem-8587	58	12	probability	probability	NOUN
fbem-8587	58	13	of	of	ADP
fbem-8587	58	14	loss	loss	NOUN
fbem-8587	58	15	,	,	PUNCT
fbem-8587	58	16	we	we	PRON
fbem-8587	58	17	know	know	VERB
fbem-8587	58	18	that	that	PRON
fbem-8587	58	19	x1null=	x1null=	PROPN
fbem-8587	58	20	6.57	6.57	NUM
fbem-8587	58	21	million	million	NUM
fbem-8587	58	22	yuan	yuan	NOUN
fbem-8587	58	23	,	,	PUNCT
fbem-8587	58	24	x2null=	x2null=	PROPN
fbem-8587	58	25	23.4	23.4	NUM
fbem-8587	58	26	million	million	NUM
fbem-8587	58	27	yuan.that	yuan.that	PROPN
fbem-8587	58	28	is	be	AUX
fbem-8587	58	29	,	,	PUNCT
fbem-8587	58	30	the	the	DET
fbem-8587	58	31	direct	direct	ADJ
fbem-8587	58	32	economic	economic	ADJ
fbem-8587	58	33	loss	loss	NOUN
fbem-8587	58	34	of	of	ADP
fbem-8587	58	35	the	the	DET
fbem-8587	58	36	bond	bond	NOUN
fbem-8587	58	37	with	with	ADP
fbem-8587	58	38	full	full	ADJ
fbem-8587	58	39	principal	principal	ADJ
fbem-8587	58	40	protection	protection	NOUN
fbem-8587	58	41	and	and	CCONJ
fbem-8587	58	42	the	the	DET
fbem-8587	58	43	bond	bond	NOUN
fbem-8587	58	44	with	with	ADP
fbem-8587	58	45	70	70	NUM
fbem-8587	58	46	%	%	NOUN
fbem-8587	58	47	principal	principal	ADJ
fbem-8587	58	48	protection	protection	NOUN
fbem-8587	58	49	is	be	AUX
fbem-8587	58	50	6.57	6.57	NUM
fbem-8587	58	51	million	million	NUM
fbem-8587	58	52	yuan	yuan	NOUN
fbem-8587	58	53	and	and	CCONJ
fbem-8587	58	54	23.4	23.4	NUM
fbem-8587	58	55	million	million	NUM
fbem-8587	58	56	yuan	yuan	NOUN
fbem-8587	58	57	respectively	respectively	ADV
fbem-8587	58	58	.	.	PUNCT
fbem-8587	59	1	4	4	X
fbem-8587	59	2	.	.	X
fbem-8587	59	3	pricing	pricing	NOUN
fbem-8587	59	4	and	and	CCONJ
fbem-8587	59	5	design	design	NOUN
fbem-8587	59	6	of	of	ADP
fbem-8587	59	7	wenzhou	wenzhou	PROPN
fbem-8587	59	8	geological	geological	ADJ
fbem-8587	59	9	disaster	disaster	NOUN
fbem-8587	59	10	risk	risk	NOUN
fbem-8587	59	11	bonds	bond	NOUN
fbem-8587	59	12	this	this	DET
fbem-8587	59	13	paper	paper	NOUN
fbem-8587	59	14	selects	select	VERB
fbem-8587	59	15	the	the	DET
fbem-8587	59	16	capital	capital	NOUN
fbem-8587	59	17	asset	asset	NOUN
fbem-8587	59	18	pricing	pricing	NOUN
fbem-8587	59	19	model	model	NOUN
fbem-8587	59	20	(	(	PUNCT
fbem-8587	59	21	capm	capm	PROPN
fbem-8587	59	22	model	model	PROPN
fbem-8587	59	23	)	)	PUNCT
fbem-8587	59	24	to	to	PART
fbem-8587	59	25	calculate	calculate	VERB
fbem-8587	59	26	the	the	DET
fbem-8587	59	27	yield	yield	NOUN
fbem-8587	59	28	of	of	ADP
fbem-8587	59	29	zhejiang	zhejiang	PROPN
fbem-8587	59	30	typhoon	typhoon	PROPN
fbem-8587	59	31	disaster	disaster	NOUN
fbem-8587	59	32	risk	risk	VERB
fbem-8587	59	33	bonds.the	bonds.the	DET
fbem-8587	59	34	model	model	NOUN
fbem-8587	59	35	formula	formula	NOUN
fbem-8587	59	36	is	be	AUX
fbem-8587	59	37	:	:	PUNCT
fbem-8587	59	38	.	.	PUNCT
fbem-8587	60	1	(	(	PUNCT
fbem-8587	60	2	)	)	PUNCT
fbem-8587	60	3	(	(	PUNCT
fbem-8587	60	4	i	i	PRON
fbem-8587	60	5	f	f	NOUN
fbem-8587	60	6	m	m	VERB
fbem-8587	60	7	fi	fi	NOUN
fbem-8587	60	8	e	e	NOUN
fbem-8587	60	9	er	er	INTJ
fbem-8587	60	10	r	r	NOUN
fbem-8587	60	11	r	r	NOUN
fbem-8587	60	12	r	r	NOUN
fbem-8587	60	13			PROPN
fbem-8587	60	14			NOUN
fbem-8587	60	15			ADV
fbem-8587	60	16			PUNCT
fbem-8587	60	17			PROPN
fbem-8587	60	18	where	where	SCONJ
fbem-8587	60	19	,	,	PUNCT
fbem-8587	60	20	is	be	AUX
fbem-8587	60	21	the	the	DET
fbem-8587	60	22	expected	expect	VERB
fbem-8587	60	23	rate	rate	NOUN
fbem-8587	60	24	of	of	ADP
fbem-8587	60	25	return	return	NOUN
fbem-8587	60	26	,	,	PUNCT
fbem-8587	60	27	is	be	AUX
fbem-8587	60	28	the	the	DET
fbem-8587	60	29	systemic	systemic	ADJ
fbem-8587	60	30	risk	risk	NOUN
fbem-8587	60	31	,	,	PUNCT
fbem-8587	60	32	is	be	AUX
fbem-8587	60	33	the	the	DET
fbem-8587	60	34	risk	risk	NOUN
fbem-8587	60	35	-	-	PUNCT
fbem-8587	60	36	free	free	ADJ
fbem-8587	60	37	rate	rate	NOUN
fbem-8587	60	38	of	of	ADP
fbem-8587	60	39	return	return	NOUN
fbem-8587	60	40	and	and	CCONJ
fbem-8587	60	41	is	be	AUX
fbem-8587	60	42	the	the	DET
fbem-8587	60	43	expected	expect	VERB
fbem-8587	60	44	return	return	NOUN
fbem-8587	60	45	of	of	ADP
fbem-8587	60	46	the	the	DET
fbem-8587	60	47	market	market	NOUN
fbem-8587	60	48	.	.	PUNCT
fbem-8587	61	1	(	(	PUNCT
fbem-8587	61	2	)	)	PUNCT
fbem-8587	61	3	i	i	PRON
fbem-8587	61	4	e	e	VERB
fbem-8587	62	1	r	r	NOUN
fbem-8587	62	2	i	i	PUNCT
fbem-8587	62	3	fr	fr	NOUN
fbem-8587	62	4	(	(	PUNCT
fbem-8587	62	5	)	)	PUNCT
fbem-8587	62	6	m	m	VERB
fbem-8587	62	7	e	e	NOUN
fbem-8587	62	8	r	r	NOUN
fbem-8587	62	9	first	first	ADV
fbem-8587	62	10	,	,	PUNCT
fbem-8587	62	11	the	the	DET
fbem-8587	62	12	current	current	ADJ
fbem-8587	62	13	market	market	NOUN
fbem-8587	62	14	risk	risk	NOUN
fbem-8587	62	15	-	-	PUNCT
fbem-8587	62	16	free	free	ADJ
fbem-8587	62	17	return	return	NOUN
fbem-8587	62	18	=	=	SYM
fbem-8587	62	19	,	,	PUNCT
fbem-8587	62	20	with	with	ADP
fbem-8587	62	21	an	an	DET
fbem-8587	62	22	average	average	NOUN
fbem-8587	62	23	of	of	ADP
fbem-8587	62	24	1.9596	1.9596	NUM
fbem-8587	62	25	%	%	NOUN
fbem-8587	62	26	,	,	PUNCT
fbem-8587	62	27	is	be	AUX
fbem-8587	62	28	taken	take	VERB
fbem-8587	62	29	as	as	ADP
fbem-8587	62	30	the	the	DET
fbem-8587	62	31	average	average	ADJ
fbem-8587	62	32	return	return	NOUN
fbem-8587	62	33	of	of	ADP
fbem-8587	62	34	the	the	DET
fbem-8587	62	35	national	national	ADJ
fbem-8587	62	36	bond	bond	NOUN
fbem-8587	62	37	yield	yield	NOUN
fbem-8587	62	38	announced	announce	VERB
fbem-8587	62	39	in	in	ADP
fbem-8587	62	40	2022	2022	NUM
fbem-8587	62	41	,	,	PUNCT
fbem-8587	62	42	and	and	CCONJ
fbem-8587	62	43	the	the	DET
fbem-8587	62	44	arithmetic	arithmetic	ADJ
fbem-8587	62	45	average	average	NOUN
fbem-8587	62	46	of	of	ADP
fbem-8587	62	47	the	the	DET
fbem-8587	62	48	beta	beta	ADJ
fbem-8587	62	49	value	value	NOUN
fbem-8587	62	50	of	of	ADP
fbem-8587	62	51	the	the	DET
fbem-8587	62	52	a	a	DET
fbem-8587	62	53	-	-	PUNCT
fbem-8587	62	54	share	share	NOUN
fbem-8587	62	55	stock	stock	NOUN
fbem-8587	62	56	portfolio	portfolio	NOUN
fbem-8587	62	57	in	in	ADP
fbem-8587	62	58	the	the	DET
fbem-8587	62	59	last	last	ADJ
fbem-8587	62	60	two	two	NUM
fbem-8587	62	61	years	year	NOUN
fbem-8587	62	62	is	be	AUX
fbem-8587	62	63	taken	take	VERB
fbem-8587	62	64	as	as	ADP
fbem-8587	62	65	the	the	DET
fbem-8587	62	66	systemic	systemic	ADJ
fbem-8587	62	67	risk	risk	NOUN
fbem-8587	62	68	,	,	PUNCT
fbem-8587	62	69	and	and	CCONJ
fbem-8587	62	70	the	the	DET
fbem-8587	62	71	weighted	weight	VERB
fbem-8587	62	72	average	average	ADJ
fbem-8587	62	73	return	return	NOUN
fbem-8587	62	74	rate	rate	NOUN
fbem-8587	62	75	of	of	ADP
fbem-8587	62	76	the	the	DET
fbem-8587	62	77	stock	stock	NOUN
fbem-8587	62	78	market	market	NOUN
fbem-8587	62	79	in	in	ADP
fbem-8587	62	80	the	the	DET
fbem-8587	62	81	last	last	ADJ
fbem-8587	62	82	two	two	NUM
fbem-8587	62	83	years	year	NOUN
fbem-8587	62	84	is	be	AUX
fbem-8587	62	85	taken	take	VERB
fbem-8587	62	86	as	as	SCONJ
fbem-8587	62	87	the	the	DET
fbem-8587	62	88	market	market	NOUN
fbem-8587	62	89	expected	expect	VERB
fbem-8587	62	90	return	return	NOUN
fbem-8587	62	91	rate	rate	NOUN
fbem-8587	62	92	.	.	PUNCT
fbem-8587	63	1	in	in	ADP
fbem-8587	63	2	other	other	ADJ
fbem-8587	63	3	words	word	NOUN
fbem-8587	63	4	:	:	PUNCT
fbem-8587	63	5	%	%	INTJ
fbem-8587	63	6	14)(8499.0%9596.1	14)(8499.0%9596.1	NUM
fbem-8587	63	7	i	i	PRON
fbem-8587	63	8			VERB
fbem-8587	63	9	rr	rr	X
fbem-8587	63	10	mf	mf	X
fbem-8587	63	11	e，，	e，，	PROPN
fbem-8587	63	12	if	if	SCONJ
fbem-8587	63	13	the	the	DET
fbem-8587	63	14	moral	moral	ADJ
fbem-8587	63	15	hazard	hazard	NOUN
fbem-8587	63	16	factor	factor	NOUN
fbem-8587	63	17	is	be	AUX
fbem-8587	63	18	taken	take	VERB
fbem-8587	63	19	into	into	ADP
fbem-8587	63	20	account	account	NOUN
fbem-8587	63	21	,	,	PUNCT
fbem-8587	63	22	in	in	ADP
fbem-8587	63	23	the	the	DET
fbem-8587	63	24	case	case	NOUN
fbem-8587	63	25	of	of	ADP
fbem-8587	63	26	information	information	NOUN
fbem-8587	63	27	asymmetry	asymmetry	NOUN
fbem-8587	63	28	,	,	PUNCT
fbem-8587	63	29	the	the	DET
fbem-8587	63	30	issuer	issuer	NOUN
fbem-8587	63	31	or	or	CCONJ
fbem-8587	63	32	insurance	insurance	NOUN
fbem-8587	63	33	company	company	NOUN
fbem-8587	63	34	may	may	AUX
fbem-8587	63	35	raise	raise	VERB
fbem-8587	63	36	the	the	DET
fbem-8587	63	37	disaster	disaster	NOUN
fbem-8587	63	38	losses	loss	NOUN
fbem-8587	63	39	in	in	ADP
fbem-8587	63	40	disguised	disguised	ADJ
fbem-8587	63	41	form	form	NOUN
fbem-8587	63	42	in	in	ADP
fbem-8587	63	43	order	order	NOUN
fbem-8587	63	44	to	to	PART
fbem-8587	63	45	reduce	reduce	VERB
fbem-8587	63	46	the	the	DET
fbem-8587	63	47	compensation	compensation	NOUN
fbem-8587	63	48	for	for	ADP
fbem-8587	63	49	investors	investor	NOUN
fbem-8587	63	50	'	'	PART
fbem-8587	63	51	interest.for	interest.for	ADP
fbem-8587	63	52	example	example	NOUN
fbem-8587	63	53	,	,	PUNCT
fbem-8587	63	54	the	the	DET
fbem-8587	63	55	trigger	trigger	NOUN
fbem-8587	63	56	loss	loss	NOUN
fbem-8587	63	57	node	node	NOUN
fbem-8587	63	58	of	of	ADP
fbem-8587	63	59	the	the	DET
fbem-8587	63	60	fake	fake	ADJ
fbem-8587	63	61	fixed	fix	VERB
fbem-8587	63	62	coupon	coupon	NOUN
fbem-8587	63	63	payment	payment	NOUN
fbem-8587	63	64	is	be	AUX
fbem-8587	63	65	10	10	NUM
fbem-8587	63	66	billion	billion	NUM
fbem-8587	63	67	yuan	yuan	NOUN
fbem-8587	63	68	,	,	PUNCT
fbem-8587	63	69	while	while	SCONJ
fbem-8587	63	70	the	the	DET
fbem-8587	63	71	actual	actual	ADJ
fbem-8587	63	72	direct	direct	ADJ
fbem-8587	63	73	economic	economic	ADJ
fbem-8587	63	74	loss	loss	NOUN
fbem-8587	63	75	caused	cause	VERB
fbem-8587	63	76	by	by	ADP
fbem-8587	63	77	the	the	DET
fbem-8587	63	78	typhoon	typhoon	NOUN
fbem-8587	63	79	is	be	AUX
fbem-8587	63	80	9.8	9.8	NUM
fbem-8587	63	81	billion	billion	NUM
fbem-8587	63	82	yuan	yuan	NOUN
fbem-8587	63	83	.	.	PUNCT
fbem-8587	64	1	at	at	ADP
fbem-8587	64	2	this	this	DET
fbem-8587	64	3	time	time	NOUN
fbem-8587	64	4	,	,	PUNCT
fbem-8587	64	5	the	the	DET
fbem-8587	64	6	issuer	issuer	NOUN
fbem-8587	64	7	should	should	AUX
fbem-8587	64	8	pay	pay	VERB
fbem-8587	64	9	the	the	DET
fbem-8587	64	10	principal	principal	NOUN
fbem-8587	64	11	and	and	CCONJ
fbem-8587	64	12	interest	interest	NOUN
fbem-8587	64	13	to	to	ADP
fbem-8587	64	14	the	the	DET
fbem-8587	64	15	investors	investor	NOUN
fbem-8587	64	16	on	on	ADP
fbem-8587	64	17	time	time	NOUN
fbem-8587	64	18	,	,	PUNCT
fbem-8587	64	19	but	but	CCONJ
fbem-8587	64	20	in	in	ADP
fbem-8587	64	21	order	order	NOUN
fbem-8587	64	22	to	to	PART
fbem-8587	64	23	reduce	reduce	VERB
fbem-8587	64	24	the	the	DET
fbem-8587	64	25	payment	payment	NOUN
fbem-8587	64	26	,	,	PUNCT
fbem-8587	64	27	it	it	PRON
fbem-8587	64	28	may	may	AUX
fbem-8587	64	29	take	take	VERB
fbem-8587	64	30	some	some	DET
fbem-8587	64	31	measures	measure	NOUN
fbem-8587	64	32	to	to	PART
fbem-8587	64	33	make	make	VERB
fbem-8587	64	34	the	the	DET
fbem-8587	64	35	report	report	NOUN
fbem-8587	64	36	finally	finally	ADV
fbem-8587	64	37	show	show	VERB
fbem-8587	64	38	the	the	DET
fbem-8587	64	39	loss	loss	NOUN
fbem-8587	64	40	value	value	NOUN
fbem-8587	64	41	of	of	ADP
fbem-8587	64	42	10	10	NUM
fbem-8587	64	43	billion	billion	NUM
fbem-8587	64	44	yuan	yuan	NOUN
fbem-8587	64	45	,	,	PUNCT
fbem-8587	64	46	so	so	SCONJ
fbem-8587	64	47	the	the	DET
fbem-8587	64	48	existence	existence	NOUN
fbem-8587	64	49	of	of	ADP
fbem-8587	64	50	moral	moral	ADJ
fbem-8587	64	51	hazard	hazard	NOUN
fbem-8587	64	52	may	may	AUX
fbem-8587	64	53	harm	harm	VERB
fbem-8587	64	54	the	the	DET
fbem-8587	64	55	interests	interest	NOUN
fbem-8587	64	56	of	of	ADP
fbem-8587	64	57	investors	investor	NOUN
fbem-8587	64	58	.	.	PUNCT
fbem-8587	65	1	in	in	ADP
fbem-8587	65	2	order	order	NOUN
fbem-8587	65	3	to	to	PART
fbem-8587	65	4	protect	protect	VERB
fbem-8587	65	5	the	the	DET
fbem-8587	65	6	interests	interest	NOUN
fbem-8587	65	7	of	of	ADP
fbem-8587	65	8	investors	investor	NOUN
fbem-8587	65	9	,	,	PUNCT
fbem-8587	65	10	the	the	DET
fbem-8587	65	11	moral	moral	ADJ
fbem-8587	65	12	hazard	hazard	NOUN
fbem-8587	65	13	factor	factor	NOUN
fbem-8587	65	14	is	be	AUX
fbem-8587	65	15	introduced	introduce	VERB
fbem-8587	65	16	into	into	ADP
fbem-8587	65	17	the	the	DET
fbem-8587	65	18	bond	bond	NOUN
fbem-8587	65	19	pricing	pricing	NOUN
fbem-8587	65	20	,	,	PUNCT
fbem-8587	65	21	so	so	SCONJ
fbem-8587	65	22	the	the	DET
fbem-8587	65	23	trigger	trigger	NOUN
fbem-8587	65	24	node	node	NOUN
fbem-8587	65	25	of	of	ADP
fbem-8587	65	26	the	the	DET
fbem-8587	65	27	bond	bond	NOUN
fbem-8587	65	28	will	will	AUX
fbem-8587	65	29	be	be	AUX
fbem-8587	65	30	reduced	reduce	VERB
fbem-8587	65	31	accordingly	accordingly	ADV
fbem-8587	65	32	.	.	PUNCT
fbem-8587	66	1			PROPN
fbem-8587	66	2			PROPN
fbem-8587	66	3	if	if	SCONJ
fbem-8587	66	4	,	,	PUNCT
fbem-8587	66	5	after	after	ADP
fbem-8587	66	6	the	the	DET
fbem-8587	66	7	introduction	introduction	NOUN
fbem-8587	66	8	of	of	ADP
fbem-8587	66	9	moral	moral	ADJ
fbem-8587	66	10	factor	factor	NOUN
fbem-8587	66	11	,	,	PUNCT
fbem-8587	66	12	the	the	DET
fbem-8587	66	13	trigger	trigger	NOUN
fbem-8587	66	14	node	node	NOUN
fbem-8587	66	15	of	of	ADP
fbem-8587	66	16	typhoon	typhoon	NOUN
fbem-8587	66	17	bonds	bond	NOUN
fbem-8587	66	18	will	will	AUX
fbem-8587	66	19	be	be	AUX
fbem-8587	66	20	reduced	reduce	VERB
fbem-8587	66	21	by	by	ADP
fbem-8587	66	22	5	5	NUM
fbem-8587	66	23	%	%	NOUN
fbem-8587	66	24	,	,	PUNCT
fbem-8587	66	25	that	that	ADV
fbem-8587	66	26	is	is	ADV
fbem-8587	66	27	,	,	PUNCT
fbem-8587	66	28	the	the	DET
fbem-8587	66	29	corresponding	corresponding	ADJ
fbem-8587	66	30	loss	loss	NOUN
fbem-8587	66	31	values	value	NOUN
fbem-8587	66	32	of	of	ADP
fbem-8587	66	33	bonds	bond	NOUN
fbem-8587	66	34	with	with	ADP
fbem-8587	66	35	fully	fully	ADV
fbem-8587	66	36	guaranteed	guarantee	VERB
fbem-8587	66	37	principal	principal	NOUN
fbem-8587	66	38	and	and	CCONJ
fbem-8587	66	39	70	70	NUM
fbem-8587	66	40	%	%	NOUN
fbem-8587	66	41	guaranteed	guarantee	VERB
fbem-8587	66	42	principal	principal	NOUN
fbem-8587	66	43	are	be	AUX
fbem-8587	66	44	6.241,500	6.241,500	NUM
fbem-8587	66	45	yuan	yuan	NOUN
fbem-8587	66	46	and	and	CCONJ
fbem-8587	66	47	22.23	22.23	NUM
fbem-8587	66	48	million	million	NUM
fbem-8587	66	49	yuan	yuan	NOUN
fbem-8587	66	50	respectively	respectively	ADV
fbem-8587	66	51	,	,	PUNCT
fbem-8587	66	52	then	then	ADV
fbem-8587	66	53	the	the	DET
fbem-8587	66	54	probability	probability	NOUN
fbem-8587	66	55	of	of	ADP
fbem-8587	66	56	occurrence	occurrence	NOUN
fbem-8587	66	57	is	be	AUX
fbem-8587	66	58	adjusted	adjust	VERB
fbem-8587	66	59	as	as	SCONJ
fbem-8587	66	60	follows	follow	VERB
fbem-8587	66	61	:	:	PUNCT
fbem-8587	66	62	05.0	05.0	NUM
fbem-8587	66	63	205.0)6081.169	205.0)6081.169	NUM
fbem-8587	66	64	(	(	PUNCT
fbem-8587	66	65			PROPN
fbem-8587	66	66	xp	xp	NOUN
fbem-8587	66	67	105.0608	105.0608	NUM
fbem-8587	66	68			NOUN
fbem-8587	66	69	）	）	PROPN
fbem-8587	66	70	（	（	PROPN
fbem-8587	66	71	xp	xp	NOUN
fbem-8587	67	1	the	the	DET
fbem-8587	67	2	default	default	NOUN
fbem-8587	67	3	probabilities	probability	NOUN
fbem-8587	67	4	of	of	ADP
fbem-8587	67	5	the	the	DET
fbem-8587	67	6	two	two	NUM
fbem-8587	67	7	bonds	bond	NOUN
fbem-8587	67	8	become	become	VERB
fbem-8587	67	9	0.205	0.205	NUM
fbem-8587	67	10	and	and	CCONJ
fbem-8587	67	11	0.105	0.105	NUM
fbem-8587	67	12	,	,	PUNCT
fbem-8587	67	13	respectively.therefore	respectively.therefore	ADJ
fbem-8587	67	14	,	,	PUNCT
fbem-8587	67	15	after	after	ADP
fbem-8587	67	16	the	the	DET
fbem-8587	67	17	introduction	introduction	NOUN
fbem-8587	67	18	of	of	ADP
fbem-8587	67	19	moral	moral	ADJ
fbem-8587	67	20	hazard	hazard	NOUN
fbem-8587	67	21	factor	factor	NOUN
fbem-8587	67	22	,	,	PUNCT
fbem-8587	67	23	the	the	DET
fbem-8587	67	24	trigger	trigger	NOUN
fbem-8587	67	25	point	point	NOUN
fbem-8587	67	26	of	of	ADP
fbem-8587	67	27	fully	fully	ADV
fbem-8587	67	28	guaranteed	guarantee	VERB
fbem-8587	67	29	principal	principal	ADJ
fbem-8587	67	30	bonds	bond	NOUN
fbem-8587	67	31	becomes	become	VERB
fbem-8587	67	32	(	(	PUNCT
fbem-8587	67	33	624.15	624.15	NUM
fbem-8587	67	34	,	,	PUNCT
fbem-8587	67	35	,	,	PUNCT
fbem-8587	67	36	0.205	0.205	NUM
fbem-8587	67	37	)	)	PUNCT
fbem-8587	67	38	,	,	PUNCT
fbem-8587	67	39	and	and	CCONJ
fbem-8587	67	40	the	the	DET
fbem-8587	67	41	trigger	trigger	NOUN
fbem-8587	67	42	node	node	NOUN
fbem-8587	67	43	of	of	ADP
fbem-8587	67	44	70	70	NUM
fbem-8587	67	45	%	%	NOUN
fbem-8587	67	46	guaranteed	guarantee	VERB
fbem-8587	67	47	principal	principal	ADJ
fbem-8587	67	48	bonds	bond	NOUN
fbem-8587	67	49	is	be	AUX
fbem-8587	67	50	adjusted	adjust	VERB
fbem-8587	67	51	to	to	ADP
fbem-8587	67	52	(	(	PUNCT
fbem-8587	67	53	2223,0.105).next	2223,0.105).next	NUM
fbem-8587	67	54	,	,	PUNCT
fbem-8587	67	55	the	the	DET
fbem-8587	67	56	capital	capital	NOUN
fbem-8587	67	57	asset	asset	NOUN
fbem-8587	67	58	pricing	pricing	NOUN
fbem-8587	67	59	model	model	NOUN
fbem-8587	67	60	and	and	CCONJ
fbem-8587	67	61	discounted	discount	VERB
fbem-8587	67	62	cash	cash	NOUN
fbem-8587	67	63	flow	flow	NOUN
fbem-8587	67	64	model	model	NOUN
fbem-8587	67	65	are	be	AUX
fbem-8587	67	66	used	use	VERB
fbem-8587	67	67	to	to	PART
fbem-8587	67	68	determine	determine	VERB
fbem-8587	67	69	the	the	DET
fbem-8587	67	70	coupon	coupon	NOUN
fbem-8587	67	71	rate	rate	NOUN
fbem-8587	67	72	and	and	CCONJ
fbem-8587	67	73	issue	issue	NOUN
fbem-8587	67	74	price	price	NOUN
fbem-8587	67	75	of	of	ADP
fbem-8587	67	76	bonds	bond	NOUN
fbem-8587	67	77	respectively	respectively	ADV
fbem-8587	67	78	.	.	PUNCT
fbem-8587	68	1	4.1	4.1	NUM
fbem-8587	68	2	.	.	PUNCT
fbem-8587	68	3	determination	determination	NOUN
fbem-8587	68	4	of	of	ADP
fbem-8587	68	5	bond	bond	NOUN
fbem-8587	68	6	coupon	coupon	NOUN
fbem-8587	68	7	rate	rate	NOUN
fbem-8587	68	8	4.1.1	4.1.1	NUM
fbem-8587	68	9	.	.	PUNCT
fbem-8587	69	1	bond	bond	NOUN
fbem-8587	69	2	with	with	ADP
fbem-8587	69	3	full	full	ADJ
fbem-8587	69	4	principal	principal	ADJ
fbem-8587	69	5	guarantee	guarantee	NOUN
fbem-8587	69	6	0)1	0)1	PROPN
fbem-8587	69	7	(	(	PUNCT
fbem-8587	69	8	)	)	PUNCT
fbem-8587	69	9	(	(	PUNCT
fbem-8587	69	10	)	)	PUNCT
fbem-8587	69	11	(	(	PUNCT
fbem-8587	69	12	111	111	NUM
fbem-8587	69	13			NOUN
fbem-8587	69	14	prprrr	prprrr	VERB
fbem-8587	69	15	fmfre	fmfre	ADJ
fbem-8587	69	16			NOUN
fbem-8587	69	17	1	1	NUM
fbem-8587	69	18	1	1	NUM
fbem-8587	69	19	)	)	PUNCT
fbem-8587	69	20	1	1	NUM
fbem-8587	70	1	f	f	AUX
fbem-8587	70	2	m	m	VERB
fbem-8587	70	3	fr	fr	ADJ
fbem-8587	70	4	r	r	NOUN
fbem-8587	70	5	r	r	NOUN
fbem-8587	70	6	r	r	NOUN
fbem-8587	70	7	p	p	NOUN
fbem-8587	70	8			PROPN
fbem-8587	70	9			NOUN
fbem-8587	70	10			NOUN
fbem-8587	71	1			PROPN
fbem-8587	71	2			PROPN
fbem-8587	71	3	%	%	NOUN
fbem-8587	71	4	34.15	34.15	NUM
fbem-8587	71	5	205.0	205.0	NUM
fbem-8587	71	6	-	-	SYM
fbem-8587	71	7	1	1	NUM
fbem-8587	71	8	8499.0%)9596.1%14(%9596.1	8499.0%)9596.1%14(%9596.1	NOUN
fbem-8587	71	9	1	1	NUM
fbem-8587	71	10			NUM
fbem-8587	71	11			PROPN
fbem-8587	72	1	r	r	PROPN
fbem-8587	72	2	4.1.2	4.1.2	NUM
fbem-8587	72	3	.	.	PUNCT
fbem-8587	72	4	70	70	NUM
fbem-8587	72	5	%	%	NOUN
fbem-8587	72	6	principal	principal	ADJ
fbem-8587	72	7	guaranteed	guarantee	VERB
fbem-8587	72	8	bonds	bond	NOUN
fbem-8587	72	9	)	)	PUNCT
fbem-8587	72	10	3.0()1	3.0()1	NUM
fbem-8587	72	11	(	(	PUNCT
fbem-8587	72	12	)	)	PUNCT
fbem-8587	72	13	(	(	PUNCT
fbem-8587	72	14	)	)	PUNCT
fbem-8587	72	15	(	(	PUNCT
fbem-8587	72	16	222	222	NUM
fbem-8587	72	17			NOUN
fbem-8587	72	18	prprrr	prprrr	NOUN
fbem-8587	72	19	fmfre	fmfre	ADJ
fbem-8587	72	20			NOUN
fbem-8587	72	21	2	2	NUM
fbem-8587	72	22	2	2	NUM
fbem-8587	72	23	2	2	NUM
fbem-8587	72	24	(	(	PUNCT
fbem-8587	72	25	)	)	PUNCT
fbem-8587	72	26	0.3	0.3	NUM
fbem-8587	72	27	1	1	NUM
fbem-8587	73	1	f	f	NOUN
fbem-8587	73	2	m	m	VERB
fbem-8587	73	3	f	f	NOUN
fbem-8587	73	4	pr	pr	NOUN
fbem-8587	73	5	r	r	NOUN
fbem-8587	73	6	r	r	NOUN
fbem-8587	73	7	r	r	NOUN
fbem-8587	73	8	p	p	X
fbem-8587	73	9			ADP
fbem-8587	73	10			PROPN
fbem-8587	73	11			PROPN
fbem-8587	73	12			PROPN
fbem-8587	73	13			PROPN
fbem-8587	73	14			PROPN
fbem-8587	73	15			PROPN
fbem-8587	73	16	%	%	NOUN
fbem-8587	73	17	08.17	08.17	NUM
fbem-8587	73	18	105.0	105.0	NUM
fbem-8587	73	19	-	-	SYM
fbem-8587	73	20	1	1	NUM
fbem-8587	73	21	103.03.08499.0%)9596.1%14(%9596.1	103.03.08499.0%)9596.1%14(%9596.1	NUM
fbem-8587	73	22	2	2	NUM
fbem-8587	73	23			NOUN
fbem-8587	73	24			PUNCT
fbem-8587	73	25	r	r	NOUN
fbem-8587	73	26	as	as	ADP
fbem-8587	73	27	a	a	DET
fbem-8587	73	28	result	result	NOUN
fbem-8587	73	29	,	,	PUNCT
fbem-8587	74	1	the	the	DET
fbem-8587	74	2	coupon	coupon	NOUN
fbem-8587	74	3	rates	rate	NOUN
fbem-8587	74	4	for	for	ADP
fbem-8587	74	5	fully	fully	ADV
fbem-8587	74	6	guaranteed	guarantee	VERB
fbem-8587	74	7	principal	principal	NOUN
fbem-8587	74	8	and	and	CCONJ
fbem-8587	74	9	70	70	NUM
fbem-8587	74	10	%	%	NOUN
fbem-8587	74	11	guaranteed	guarantee	VERB
fbem-8587	74	12	principal	principal	ADJ
fbem-8587	74	13	bonds	bond	NOUN
fbem-8587	74	14	are	be	AUX
fbem-8587	74	15	15.34	15.34	NUM
fbem-8587	74	16	%	%	NOUN
fbem-8587	74	17	and	and	CCONJ
fbem-8587	74	18	17.08	17.08	NUM
fbem-8587	74	19	%	%	NOUN
fbem-8587	74	20	,	,	PUNCT
fbem-8587	74	21	respectively	respectively	ADV
fbem-8587	74	22	.	.	PUNCT
fbem-8587	75	1	the	the	DET
fbem-8587	75	2	latter	latter	ADJ
fbem-8587	75	3	yields	yield	VERB
fbem-8587	75	4	a	a	DET
fbem-8587	75	5	higher	high	ADJ
fbem-8587	75	6	coupon	coupon	NOUN
fbem-8587	75	7	than	than	ADP
fbem-8587	75	8	the	the	DET
fbem-8587	75	9	former	former	ADJ
fbem-8587	75	10	because	because	SCONJ
fbem-8587	75	11	a	a	DET
fbem-8587	75	12	partially	partially	ADV
fbem-8587	75	13	guaranteed	guarantee	VERB
fbem-8587	75	14	bond	bond	NOUN
fbem-8587	75	15	would	would	AUX
fbem-8587	75	16	incur	incur	VERB
fbem-8587	75	17	not	not	PART
fbem-8587	75	18	only	only	ADV
fbem-8587	75	19	interest	interest	NOUN
fbem-8587	75	20	losses	loss	NOUN
fbem-8587	75	21	but	but	CCONJ
fbem-8587	75	22	also	also	ADV
fbem-8587	75	23	a	a	DET
fbem-8587	75	24	30	30	NUM
fbem-8587	75	25	%	%	NOUN
fbem-8587	75	26	loss	loss	NOUN
fbem-8587	75	27	of	of	ADP
fbem-8587	75	28	principal	principal	NOUN
fbem-8587	75	29	if	if	SCONJ
fbem-8587	75	30	it	it	PRON
fbem-8587	75	31	defaulted	default	VERB
fbem-8587	75	32	.	.	PUNCT
fbem-8587	76	1	based	base	VERB
fbem-8587	76	2	on	on	ADP
fbem-8587	76	3	the	the	DET
fbem-8587	76	4	risk	risk	NOUN
fbem-8587	76	5	-	-	PUNCT
fbem-8587	76	6	return	return	NOUN
fbem-8587	76	7	equilibrium	equilibrium	NOUN
fbem-8587	76	8	principle	principle	NOUN
fbem-8587	76	9	,	,	PUNCT
fbem-8587	76	10	the	the	PRON
fbem-8587	76	11	higher	high	ADJ
fbem-8587	76	12	the	the	DET
fbem-8587	76	13	risk	risk	NOUN
fbem-8587	76	14	,	,	PUNCT
fbem-8587	76	15	the	the	DET
fbem-8587	76	16	more	more	ADJ
fbem-8587	76	17	return	return	NOUN
fbem-8587	76	18	needs	need	VERB
fbem-8587	76	19	to	to	PART
fbem-8587	76	20	be	be	AUX
fbem-8587	76	21	compensated	compensate	VERB
fbem-8587	76	22	,	,	PUNCT
fbem-8587	76	23	so	so	CCONJ
fbem-8587	76	24	the	the	PRON
fbem-8587	76	25	higher	high	ADJ
fbem-8587	76	26	the	the	DET
fbem-8587	76	27	coupon	coupon	NOUN
fbem-8587	76	28	rate	rate	NOUN
fbem-8587	76	29	of	of	ADP
fbem-8587	76	30	the	the	DET
fbem-8587	76	31	bond	bond	NOUN
fbem-8587	76	32	.	.	PUNCT
fbem-8587	77	1	4.2	4.2	NUM
fbem-8587	77	2	.	.	PUNCT
fbem-8587	78	1	determination	determination	NOUN
fbem-8587	78	2	of	of	ADP
fbem-8587	78	3	bond	bond	NOUN
fbem-8587	78	4	issue	issue	NOUN
fbem-8587	78	5	price	price	NOUN
fbem-8587	78	6	next	next	ADV
fbem-8587	78	7	,	,	PUNCT
fbem-8587	78	8	discount	discount	NOUN
fbem-8587	78	9	cash	cash	NOUN
fbem-8587	78	10	flow	flow	NOUN
fbem-8587	78	11	model	model	NOUN
fbem-8587	78	12	is	be	AUX
fbem-8587	78	13	used	use	VERB
fbem-8587	78	14	to	to	PART
fbem-8587	78	15	price	price	VERB
fbem-8587	78	16	bonds	bond	NOUN
fbem-8587	78	17	with	with	ADP
fbem-8587	78	18	fully	fully	ADV
fbem-8587	78	19	guaranteed	guarantee	VERB
fbem-8587	78	20	principal	principal	NOUN
fbem-8587	78	21	and	and	CCONJ
fbem-8587	78	22	70	70	NUM
fbem-8587	78	23	%	%	NOUN
fbem-8587	78	24	guaranteed	guarantee	VERB
fbem-8587	78	25	principal	principal	NOUN
fbem-8587	78	26	.	.	PUNCT
fbem-8587	79	1	4.2.1	4.2.1	X
fbem-8587	79	2	.	.	PUNCT
fbem-8587	79	3	fully	fully	ADV
fbem-8587	79	4	guaranteed	guarantee	VERB
fbem-8587	79	5	principal	principal	ADJ
fbem-8587	79	6	bonds	bond	NOUN
fbem-8587	79	7	the	the	DET
fbem-8587	79	8	coupon	coupon	NOUN
fbem-8587	79	9	rate	rate	NOUN
fbem-8587	79	10	is	be	AUX
fbem-8587	79	11	15.34	15.34	NUM
fbem-8587	79	12	%	%	NOUN
fbem-8587	79	13	and	and	CCONJ
fbem-8587	79	14	the	the	DET
fbem-8587	79	15	trigger	trigger	NOUN
fbem-8587	79	16	point	point	NOUN
fbem-8587	79	17	is	be	AUX
fbem-8587	79	18	(	(	PUNCT
fbem-8587	79	19	624.15	624.15	NUM
fbem-8587	79	20	,	,	PUNCT
fbem-8587	79	21	0.205	0.205	NUM
fbem-8587	79	22	)	)	PUNCT
fbem-8587	79	23	.	.	PUNCT
fbem-8587	80	1	the	the	DET
fbem-8587	80	2	present	present	ADJ
fbem-8587	80	3	value	value	NOUN
fbem-8587	80	4	of	of	ADP
fbem-8587	80	5	the	the	DET
fbem-8587	80	6	expected	expect	VERB
fbem-8587	80	7	earnings	earning	NOUN
fbem-8587	80	8	of	of	ADP
fbem-8587	80	9	the	the	DET
fbem-8587	80	10	first	first	ADJ
fbem-8587	80	11	phase	phase	NOUN
fbem-8587	80	12	is	be	AUX
fbem-8587	80	13	:	:	PUNCT
fbem-8587	80	14	96.11	96.11	NUM
fbem-8587	80	15	%	%	NOUN
fbem-8587	80	16	9596.11	9596.11	NUM
fbem-8587	80	17	)	)	PUNCT
fbem-8587	80	18	205.01(34.15	205.01(34.15	NUM
fbem-8587	80	19	1	1	NUM
fbem-8587	80	20			NOUN
fbem-8587	80	21			PUNCT
fbem-8587	80	22			NOUN
fbem-8587	80	23	p	p	VERB
fbem-8587	80	24	the	the	DET
fbem-8587	80	25	present	present	ADJ
fbem-8587	80	26	value	value	NOUN
fbem-8587	80	27	of	of	ADP
fbem-8587	80	28	the	the	DET
fbem-8587	80	29	expected	expect	VERB
fbem-8587	80	30	earnings	earning	NOUN
fbem-8587	80	31	of	of	ADP
fbem-8587	80	32	the	the	DET
fbem-8587	80	33	second	second	ADJ
fbem-8587	80	34	phase	phase	NOUN
fbem-8587	80	35	is	be	AUX
fbem-8587	80	36	:	:	PUNCT
fbem-8587	80	37	83.11	83.11	NUM
fbem-8587	80	38	)	)	PUNCT
fbem-8587	80	39	205.01(34.15	205.01(34.15	NUM
fbem-8587	80	40	)	)	PUNCT
fbem-8587	80	41	%	%	NOUN
fbem-8587	81	1	95965.11	95965.11	NUM
fbem-8587	81	2	(	(	PUNCT
fbem-8587	81	3	22	22	NUM
fbem-8587	81	4			PROPN
fbem-8587	81	5			NOUN
fbem-8587	81	6			NOUN
fbem-8587	81	7			ADV
fbem-8587	81	8	p	p	X
fbem-8587	81	9	the	the	DET
fbem-8587	81	10	present	present	ADJ
fbem-8587	81	11	value	value	NOUN
fbem-8587	81	12	of	of	ADP
fbem-8587	81	13	the	the	DET
fbem-8587	81	14	expected	expect	VERB
fbem-8587	81	15	earnings	earning	NOUN
fbem-8587	81	16	of	of	ADP
fbem-8587	81	17	the	the	DET
fbem-8587	81	18	third	third	ADJ
fbem-8587	81	19	phase	phase	NOUN
fbem-8587	81	20	is	be	AUX
fbem-8587	81	21	:	:	PUNCT
fbem-8587	81	22	85.105	85.105	NUM
fbem-8587	81	23	205.0100)205.01(34.115	205.0100)205.01(34.115	NUM
fbem-8587	81	24	%	%	NOUN
fbem-8587	81	25	)	)	PUNCT
fbem-8587	81	26	9596.11	9596.11	NUM
fbem-8587	81	27	(	(	PUNCT
fbem-8587	81	28	33	33	NUM
fbem-8587	81	29			NOUN
fbem-8587	81	30			PROPN
fbem-8587	82	1			PROPN
fbem-8587	82	2			PUNCT
fbem-8587	82	3	p	p	X
fbem-8587	82	4	the	the	DET
fbem-8587	82	5	bond	bond	NOUN
fbem-8587	82	6	price	price	NOUN
fbem-8587	82	7	is	be	AUX
fbem-8587	82	8	:	:	PUNCT
fbem-8587	82	9	64.129	64.129	NUM
fbem-8587	82	10	321	321	NUM
fbem-8587	82	11			NOUN
fbem-8587	82	12	pppp	pppp	PROPN
fbem-8587	82	13	4.2.2	4.2.2	PROPN
fbem-8587	82	14	.	.	PUNCT
fbem-8587	82	15	70	70	NUM
fbem-8587	82	16	%	%	NOUN
fbem-8587	82	17	principal	principal	ADJ
fbem-8587	82	18	guaranteed	guarantee	VERB
fbem-8587	82	19	bond	bond	NOUN
fbem-8587	82	20	the	the	DET
fbem-8587	82	21	coupon	coupon	NOUN
fbem-8587	82	22	rate	rate	NOUN
fbem-8587	82	23	is	be	AUX
fbem-8587	82	24	17.08	17.08	NUM
fbem-8587	82	25	%	%	NOUN
fbem-8587	82	26	and	and	CCONJ
fbem-8587	82	27	the	the	DET
fbem-8587	82	28	trigger	trigger	NOUN
fbem-8587	82	29	point	point	NOUN
fbem-8587	82	30	is	be	AUX
fbem-8587	82	31	(	(	PUNCT
fbem-8587	82	32	2,223	2,223	NUM
fbem-8587	82	33	,	,	PUNCT
fbem-8587	82	34	0.105	0.105	NUM
fbem-8587	82	35	)	)	PUNCT
fbem-8587	82	36	.	.	PUNCT
fbem-8587	83	1	the	the	DET
fbem-8587	83	2	present	present	ADJ
fbem-8587	83	3	value	value	NOUN
fbem-8587	83	4	of	of	ADP
fbem-8587	83	5	the	the	DET
fbem-8587	83	6	expected	expect	VERB
fbem-8587	83	7	earnings	earning	NOUN
fbem-8587	83	8	for	for	ADP
fbem-8587	83	9	the	the	DET
fbem-8587	83	10	first	first	ADJ
fbem-8587	83	11	instalment	instalment	NOUN
fbem-8587	83	12	is	be	AUX
fbem-8587	83	13	:	:	PUNCT
fbem-8587	83	14	99.14	99.14	NUM
fbem-8587	83	15	%	%	NOUN
fbem-8587	83	16	9596.11	9596.11	NUM
fbem-8587	83	17	.1050	.1050	NUM
fbem-8587	83	18	-	-	PUNCT
fbem-8587	83	19	1(08.17	1(08.17	PROPN
fbem-8587	83	20	1	1	NUM
fbem-8587	83	21			NOUN
fbem-8587	83	22			PUNCT
fbem-8587	83	23			PROPN
fbem-8587	83	24			PROPN
fbem-8587	83	25	）	）	PUNCT
fbem-8587	84	1	p	p	X
fbem-8587	84	2	the	the	DET
fbem-8587	84	3	present	present	ADJ
fbem-8587	84	4	value	value	NOUN
fbem-8587	84	5	of	of	ADP
fbem-8587	84	6	the	the	DET
fbem-8587	84	7	expected	expect	VERB
fbem-8587	84	8	earnings	earning	NOUN
fbem-8587	84	9	of	of	ADP
fbem-8587	84	10	the	the	DET
fbem-8587	84	11	second	second	ADJ
fbem-8587	84	12	phase	phase	NOUN
fbem-8587	84	13	is	be	AUX
fbem-8587	84	14	:	:	PUNCT
fbem-8587	84	15	70.14	70.14	NUM
fbem-8587	84	16	)	)	PUNCT
fbem-8587	84	17	105.01(08.17	105.01(08.17	NUM
fbem-8587	84	18	%	%	NOUN
fbem-8587	84	19	)	)	PUNCT
fbem-8587	85	1	9596.11	9596.11	NUM
fbem-8587	85	2	(	(	PUNCT
fbem-8587	85	3	22	22	NUM
fbem-8587	85	4			PROPN
fbem-8587	85	5			PROPN
fbem-8587	85	6			NOUN
fbem-8587	85	7			ADV
fbem-8587	85	8	p	p	X
fbem-8587	85	9	147	147	NUM
fbem-8587	85	10	the	the	DET
fbem-8587	85	11	present	present	ADJ
fbem-8587	85	12	value	value	NOUN
fbem-8587	85	13	of	of	ADP
fbem-8587	85	14	the	the	DET
fbem-8587	85	15	expected	expect	VERB
fbem-8587	85	16	earnings	earning	NOUN
fbem-8587	85	17	of	of	ADP
fbem-8587	85	18	the	the	DET
fbem-8587	85	19	third	third	ADJ
fbem-8587	85	20	phase	phase	NOUN
fbem-8587	85	21	is	be	AUX
fbem-8587	85	22	:	:	PUNCT
fbem-8587	85	23	79.105	79.105	NUM
fbem-8587	85	24	105.070)105.01(08.117	105.070)105.01(08.117	NUM
fbem-8587	85	25	%	%	NOUN
fbem-8587	85	26	)	)	PUNCT
fbem-8587	85	27	9596.11	9596.11	NUM
fbem-8587	85	28	(	(	PUNCT
fbem-8587	85	29	33	33	NUM
fbem-8587	85	30			NOUN
fbem-8587	85	31			PROPN
fbem-8587	86	1			PROPN
fbem-8587	86	2			PUNCT
fbem-8587	86	3	p	p	X
fbem-8587	86	4	the	the	DET
fbem-8587	86	5	bond	bond	NOUN
fbem-8587	86	6	price	price	NOUN
fbem-8587	86	7	is	be	AUX
fbem-8587	86	8	:	:	PUNCT
fbem-8587	86	9	48.135	48.135	NUM
fbem-8587	86	10	321	321	NUM
fbem-8587	86	11			NOUN
fbem-8587	86	12	pppp	pppp	PROPN
fbem-8587	86	13	according	accord	VERB
fbem-8587	86	14	to	to	ADP
fbem-8587	86	15	the	the	DET
fbem-8587	86	16	discounted	discount	VERB
fbem-8587	86	17	cash	cash	NOUN
fbem-8587	86	18	flow	flow	NOUN
fbem-8587	86	19	model	model	NOUN
fbem-8587	86	20	,	,	PUNCT
fbem-8587	86	21	the	the	DET
fbem-8587	86	22	issuance	issuance	NOUN
fbem-8587	86	23	prices	price	NOUN
fbem-8587	86	24	of	of	ADP
fbem-8587	86	25	the	the	DET
fbem-8587	86	26	bonds	bond	NOUN
fbem-8587	86	27	with	with	ADP
fbem-8587	86	28	a	a	DET
fbem-8587	86	29	maturity	maturity	NOUN
fbem-8587	86	30	of	of	ADP
fbem-8587	86	31	3	3	NUM
fbem-8587	86	32	years	year	NOUN
fbem-8587	86	33	and	and	CCONJ
fbem-8587	86	34	70	70	NUM
fbem-8587	86	35	%	%	NOUN
fbem-8587	86	36	of	of	ADP
fbem-8587	86	37	the	the	DET
fbem-8587	86	38	principal	principal	NOUN
fbem-8587	86	39	are	be	AUX
fbem-8587	86	40	129.64	129.64	NUM
fbem-8587	86	41	yuan	yuan	NOUN
fbem-8587	86	42	and	and	CCONJ
fbem-8587	86	43	135.48	135.48	NUM
fbem-8587	86	44	yuan	yuan	NOUN
fbem-8587	86	45	respectively	respectively	ADV
fbem-8587	86	46	.	.	PUNCT
fbem-8587	87	1	4.3	4.3	NUM
fbem-8587	87	2	.	.	PUNCT
fbem-8587	88	1	sample	sample	NOUN
fbem-8587	88	2	design	design	NOUN
fbem-8587	88	3	of	of	ADP
fbem-8587	88	4	geological	geological	ADJ
fbem-8587	88	5	disaster	disaster	NOUN
fbem-8587	88	6	risk	risk	NOUN
fbem-8587	88	7	bonds	bond	NOUN
fbem-8587	88	8	in	in	ADP
fbem-8587	88	9	order	order	NOUN
fbem-8587	88	10	to	to	PART
fbem-8587	88	11	effectively	effectively	ADV
fbem-8587	88	12	manage	manage	VERB
fbem-8587	88	13	the	the	DET
fbem-8587	88	14	risk	risk	NOUN
fbem-8587	88	15	of	of	ADP
fbem-8587	88	16	geological	geological	ADJ
fbem-8587	88	17	disaster	disaster	NOUN
fbem-8587	88	18	in	in	ADP
fbem-8587	88	19	wenzhou	wenzhou	PROPN
fbem-8587	88	20	area	area	PROPN
fbem-8587	88	21	,	,	PUNCT
fbem-8587	88	22	an	an	DET
fbem-8587	88	23	insurance	insurance	NOUN
fbem-8587	88	24	company	company	NOUN
fbem-8587	88	25	(	(	PUNCT
fbem-8587	88	26	such	such	ADJ
fbem-8587	88	27	as	as	ADP
fbem-8587	88	28	wenzhou	wenzhou	PROPN
fbem-8587	88	29	ouhai	ouhai	PROPN
fbem-8587	88	30	branch	branch	PROPN
fbem-8587	88	31	of	of	ADP
fbem-8587	88	32	picc	picc	PROPN
fbem-8587	88	33	property	property	NOUN
fbem-8587	88	34	insurance	insurance	NOUN
fbem-8587	88	35	company	company	NOUN
fbem-8587	88	36	)	)	PUNCT
fbem-8587	88	37	is	be	AUX
fbem-8587	88	38	led	lead	VERB
fbem-8587	88	39	under	under	ADP
fbem-8587	88	40	the	the	DET
fbem-8587	88	41	organization	organization	NOUN
fbem-8587	88	42	of	of	ADP
fbem-8587	88	43	the	the	DET
fbem-8587	88	44	local	local	ADJ
fbem-8587	88	45	government	government	NOUN
fbem-8587	88	46	to	to	PART
fbem-8587	88	47	carry	carry	VERB
fbem-8587	88	48	out	out	ADP
fbem-8587	88	49	the	the	DET
fbem-8587	88	50	pilot	pilot	NOUN
fbem-8587	88	51	project	project	NOUN
fbem-8587	88	52	of	of	ADP
fbem-8587	88	53	comprehensive	comprehensive	ADJ
fbem-8587	88	54	geological	geological	ADJ
fbem-8587	88	55	disaster	disaster	NOUN
fbem-8587	88	56	insurance	insurance	NOUN
fbem-8587	88	57	business	business	NOUN
fbem-8587	88	58	in	in	ADP
fbem-8587	88	59	yueqing	yueqe	VERB
fbem-8587	88	60	,	,	PUNCT
fbem-8587	88	61	yongjia	yongjia	PROPN
fbem-8587	88	62	,	,	PUNCT
fbem-8587	88	63	cangnan	cangnan	NOUN
fbem-8587	88	64	and	and	CCONJ
fbem-8587	88	65	taishun	taishun	PROPN
fbem-8587	88	66	areas	area	NOUN
fbem-8587	88	67	with	with	ADP
fbem-8587	88	68	high	high	ADJ
fbem-8587	88	69	incidence	incidence	NOUN
fbem-8587	88	70	of	of	ADP
fbem-8587	88	71	geological	geological	ADJ
fbem-8587	88	72	disaster	disaster	NOUN
fbem-8587	88	73	.	.	PUNCT
fbem-8587	89	1	the	the	DET
fbem-8587	89	2	insurance	insurance	NOUN
fbem-8587	89	3	term	term	NOUN
fbem-8587	89	4	is	be	AUX
fbem-8587	89	5	3	3	NUM
fbem-8587	89	6	years.since	years.since	NOUN
fbem-8587	89	7	the	the	DET
fbem-8587	89	8	retention	retention	NOUN
fbem-8587	89	9	of	of	ADP
fbem-8587	89	10	a	a	DET
fbem-8587	89	11	single	single	ADJ
fbem-8587	89	12	risk	risk	NOUN
fbem-8587	89	13	of	of	ADP
fbem-8587	89	14	an	an	DET
fbem-8587	89	15	insurance	insurance	NOUN
fbem-8587	89	16	company	company	NOUN
fbem-8587	89	17	can	can	AUX
fbem-8587	89	18	not	not	PART
fbem-8587	89	19	exceed	exceed	VERB
fbem-8587	89	20	10	10	NUM
fbem-8587	89	21	%	%	NOUN
fbem-8587	89	22	of	of	ADP
fbem-8587	89	23	the	the	DET
fbem-8587	89	24	capital	capital	NOUN
fbem-8587	89	25	and	and	CCONJ
fbem-8587	89	26	provident	provident	ADJ
fbem-8587	89	27	fund	fund	NOUN
fbem-8587	89	28	,	,	PUNCT
fbem-8587	89	29	80	80	NUM
fbem-8587	89	30	%	%	NOUN
fbem-8587	89	31	of	of	ADP
fbem-8587	89	32	the	the	DET
fbem-8587	89	33	insured	insure	VERB
fbem-8587	89	34	amount	amount	NOUN
fbem-8587	89	35	will	will	AUX
fbem-8587	89	36	be	be	AUX
fbem-8587	89	37	reinsurance	reinsurance	NOUN
fbem-8587	89	38	;	;	PUNCT
fbem-8587	89	39	subsequently	subsequently	ADV
fbem-8587	89	40	,	,	PUNCT
fbem-8587	89	41	the	the	DET
fbem-8587	89	42	reinsurance	reinsurance	NOUN
fbem-8587	89	43	company	company	NOUN
fbem-8587	89	44	entrusted	entrust	VERB
fbem-8587	89	45	the	the	DET
fbem-8587	89	46	special	special	ADJ
fbem-8587	89	47	purpose	purpose	NOUN
fbem-8587	89	48	vehicle	vehicle	NOUN
fbem-8587	89	49	spv	spv	NOUN
fbem-8587	89	50	to	to	PART
fbem-8587	89	51	issue	issue	VERB
fbem-8587	89	52	disaster	disaster	NOUN
fbem-8587	89	53	risk	risk	NOUN
fbem-8587	89	54	bonds	bond	NOUN
fbem-8587	89	55	with	with	ADP
fbem-8587	89	56	100	100	NUM
fbem-8587	89	57	%	%	NOUN
fbem-8587	89	58	principal	principal	ADJ
fbem-8587	89	59	guarantee	guarantee	NOUN
fbem-8587	89	60	and	and	CCONJ
fbem-8587	89	61	70	70	NUM
fbem-8587	89	62	%	%	NOUN
fbem-8587	89	63	principal	principal	ADJ
fbem-8587	89	64	guarantee	guarantee	NOUN
fbem-8587	89	65	to	to	ADP
fbem-8587	89	66	institutional	institutional	ADJ
fbem-8587	89	67	investors	investor	NOUN
fbem-8587	89	68	in	in	ADP
fbem-8587	89	69	the	the	DET
fbem-8587	89	70	form	form	NOUN
fbem-8587	89	71	of	of	ADP
fbem-8587	89	72	reserve	reserve	NOUN
fbem-8587	89	73	price	price	NOUN
fbem-8587	89	74	issuance	issuance	NOUN
fbem-8587	89	75	,	,	PUNCT
fbem-8587	89	76	which	which	PRON
fbem-8587	89	77	raised	raise	VERB
fbem-8587	89	78	about	about	ADV
fbem-8587	89	79	10	10	NUM
fbem-8587	89	80	million	million	NUM
fbem-8587	89	81	and	and	CCONJ
fbem-8587	89	82	6	6	NUM
fbem-8587	89	83	million	million	NUM
fbem-8587	89	84	bond	bond	NOUN
fbem-8587	89	85	principal	principal	NOUN
fbem-8587	89	86	respectively	respectively	ADV
fbem-8587	89	87	in	in	ADP
fbem-8587	89	88	the	the	DET
fbem-8587	89	89	early	early	ADJ
fbem-8587	89	90	stage	stage	NOUN
fbem-8587	89	91	.	.	PUNCT
fbem-8587	90	1	among	among	ADP
fbem-8587	90	2	them	they	PRON
fbem-8587	90	3	,	,	PUNCT
fbem-8587	90	4	the	the	DET
fbem-8587	90	5	trigger	trigger	NOUN
fbem-8587	90	6	node	node	NOUN
fbem-8587	90	7	of	of	ADP
fbem-8587	90	8	100	100	NUM
fbem-8587	90	9	%	%	NOUN
fbem-8587	90	10	guaranteed	guarantee	VERB
fbem-8587	90	11	principal	principal	ADJ
fbem-8587	90	12	bond	bond	NOUN
fbem-8587	90	13	is	be	AUX
fbem-8587	90	14	6.57	6.57	NUM
fbem-8587	90	15	million	million	NUM
fbem-8587	90	16	yuan	yuan	NOUN
fbem-8587	90	17	,	,	PUNCT
fbem-8587	90	18	and	and	CCONJ
fbem-8587	90	19	the	the	DET
fbem-8587	90	20	trigger	trigger	NOUN
fbem-8587	90	21	node	node	NOUN
fbem-8587	90	22	of	of	ADP
fbem-8587	90	23	70	70	NUM
fbem-8587	90	24	%	%	NOUN
fbem-8587	90	25	guaranteed	guarantee	VERB
fbem-8587	90	26	principal	principal	ADJ
fbem-8587	90	27	bond	bond	NOUN
fbem-8587	90	28	is	be	AUX
fbem-8587	90	29	23.4	23.4	NUM
fbem-8587	90	30	million	million	NUM
fbem-8587	90	31	yuan	yuan	NOUN
fbem-8587	90	32	.	.	PUNCT
fbem-8587	91	1	it	it	PRON
fbem-8587	91	2	is	be	AUX
fbem-8587	91	3	agreed	agree	VERB
fbem-8587	91	4	that	that	SCONJ
fbem-8587	91	5	during	during	ADP
fbem-8587	91	6	the	the	DET
fbem-8587	91	7	issuance	issuance	NOUN
fbem-8587	91	8	period	period	NOUN
fbem-8587	91	9	,	,	PUNCT
fbem-8587	91	10	when	when	SCONJ
fbem-8587	91	11	the	the	DET
fbem-8587	91	12	economic	economic	ADJ
fbem-8587	91	13	loss	loss	NOUN
fbem-8587	91	14	of	of	ADP
fbem-8587	91	15	disaster	disaster	NOUN
fbem-8587	91	16	reaches	reach	VERB
fbem-8587	91	17	the	the	DET
fbem-8587	91	18	corresponding	correspond	VERB
fbem-8587	91	19	trigger	trigger	NOUN
fbem-8587	91	20	node	node	NOUN
fbem-8587	91	21	,	,	PUNCT
fbem-8587	91	22	investors	investor	NOUN
fbem-8587	91	23	who	who	PRON
fbem-8587	91	24	invest	invest	VERB
fbem-8587	91	25	in	in	ADP
fbem-8587	91	26	fully	fully	ADV
fbem-8587	91	27	guaranteed	guarantee	VERB
fbem-8587	91	28	principal	principal	ADJ
fbem-8587	91	29	bond	bond	NOUN
fbem-8587	91	30	will	will	AUX
fbem-8587	91	31	lose	lose	VERB
fbem-8587	91	32	interest	interest	NOUN
fbem-8587	91	33	income	income	NOUN
fbem-8587	91	34	in	in	ADP
fbem-8587	91	35	the	the	DET
fbem-8587	91	36	current	current	ADJ
fbem-8587	91	37	period	period	NOUN
fbem-8587	91	38	.	.	PUNCT
fbem-8587	92	1	while	while	SCONJ
fbem-8587	92	2	investors	investor	NOUN
fbem-8587	92	3	who	who	PRON
fbem-8587	92	4	invest	invest	VERB
fbem-8587	92	5	in	in	ADP
fbem-8587	92	6	70	70	NUM
fbem-8587	92	7	%	%	NOUN
fbem-8587	92	8	guaranteed	guarantee	VERB
fbem-8587	92	9	principal	principal	ADJ
fbem-8587	92	10	bonds	bond	NOUN
fbem-8587	92	11	will	will	AUX
fbem-8587	92	12	not	not	PART
fbem-8587	92	13	only	only	ADV
fbem-8587	92	14	lose	lose	VERB
fbem-8587	92	15	interest	interest	NOUN
fbem-8587	92	16	in	in	ADP
fbem-8587	92	17	the	the	DET
fbem-8587	92	18	current	current	ADJ
fbem-8587	92	19	period	period	NOUN
fbem-8587	92	20	,	,	PUNCT
fbem-8587	92	21	but	but	CCONJ
fbem-8587	92	22	also	also	ADV
fbem-8587	92	23	lose	lose	VERB
fbem-8587	92	24	30	30	NUM
fbem-8587	92	25	%	%	NOUN
fbem-8587	92	26	of	of	ADP
fbem-8587	92	27	the	the	DET
fbem-8587	92	28	principal	principal	NOUN
fbem-8587	92	29	when	when	SCONJ
fbem-8587	92	30	the	the	DET
fbem-8587	92	31	bond	bond	NOUN
fbem-8587	92	32	matures	mature	NOUN
fbem-8587	92	33	.	.	PUNCT
fbem-8587	93	1	5	5	X
fbem-8587	93	2	.	.	X
fbem-8587	93	3	countermeasures	countermeasure	NOUN
fbem-8587	93	4	and	and	CCONJ
fbem-8587	93	5	suggestions	suggestion	NOUN
fbem-8587	93	6	developing	develop	VERB
fbem-8587	93	7	catastrophe	catastrophe	NOUN
fbem-8587	93	8	bonds	bond	NOUN
fbem-8587	93	9	will	will	AUX
fbem-8587	93	10	help	help	VERB
fbem-8587	93	11	relieve	relieve	VERB
fbem-8587	93	12	the	the	DET
fbem-8587	93	13	pressure	pressure	NOUN
fbem-8587	93	14	of	of	ADP
fbem-8587	93	15	disaster	disaster	NOUN
fbem-8587	93	16	relief	relief	NOUN
fbem-8587	93	17	and	and	CCONJ
fbem-8587	93	18	play	play	VERB
fbem-8587	93	19	the	the	DET
fbem-8587	93	20	risk	risk	NOUN
fbem-8587	93	21	management	management	NOUN
fbem-8587	93	22	function	function	NOUN
fbem-8587	93	23	of	of	ADP
fbem-8587	93	24	capital	capital	NOUN
fbem-8587	93	25	market	market	NOUN
fbem-8587	93	26	.	.	PUNCT
fbem-8587	94	1	although	although	SCONJ
fbem-8587	94	2	the	the	DET
fbem-8587	94	3	global	global	ADJ
fbem-8587	94	4	catastrophe	catastrophe	NOUN
fbem-8587	94	5	bond	bond	NOUN
fbem-8587	94	6	market	market	NOUN
fbem-8587	94	7	continues	continue	VERB
fbem-8587	94	8	to	to	PART
fbem-8587	94	9	expand	expand	VERB
fbem-8587	94	10	and	and	CCONJ
fbem-8587	94	11	is	be	AUX
fbem-8587	94	12	more	more	ADV
fbem-8587	94	13	and	and	CCONJ
fbem-8587	94	14	more	more	ADV
fbem-8587	94	15	recognized	recognize	VERB
fbem-8587	94	16	by	by	ADP
fbem-8587	94	17	investors	investor	NOUN
fbem-8587	94	18	,	,	PUNCT
fbem-8587	94	19	china	china	PROPN
fbem-8587	94	20	's	's	PART
fbem-8587	94	21	catastrophe	catastrophe	NOUN
fbem-8587	94	22	bond	bond	NOUN
fbem-8587	94	23	market	market	NOUN
fbem-8587	94	24	is	be	AUX
fbem-8587	94	25	still	still	ADV
fbem-8587	94	26	immature	immature	ADJ
fbem-8587	94	27	.	.	PUNCT
fbem-8587	95	1	the	the	DET
fbem-8587	95	2	current	current	ADJ
fbem-8587	95	3	development	development	NOUN
fbem-8587	95	4	of	of	ADP
fbem-8587	95	5	catastrophe	catastrophe	NOUN
fbem-8587	95	6	bonds	bond	NOUN
fbem-8587	95	7	can	can	AUX
fbem-8587	95	8	be	be	AUX
fbem-8587	95	9	started	start	VERB
fbem-8587	95	10	from	from	ADP
fbem-8587	95	11	both	both	CCONJ
fbem-8587	95	12	short	short	ADJ
fbem-8587	95	13	-	-	PUNCT
fbem-8587	95	14	term	term	NOUN
fbem-8587	95	15	and	and	CCONJ
fbem-8587	95	16	long	long	ADJ
fbem-8587	95	17	-	-	PUNCT
fbem-8587	95	18	term	term	NOUN
fbem-8587	95	19	aspects	aspect	NOUN
fbem-8587	95	20	.	.	PUNCT
fbem-8587	96	1	in	in	ADP
fbem-8587	96	2	the	the	DET
fbem-8587	96	3	short	short	ADJ
fbem-8587	96	4	term	term	NOUN
fbem-8587	96	5	,	,	PUNCT
fbem-8587	96	6	public	public	ADJ
fbem-8587	96	7	-	-	PUNCT
fbem-8587	96	8	private	private	ADJ
fbem-8587	96	9	catastrophe	catastrophe	NOUN
fbem-8587	96	10	bonds	bond	NOUN
fbem-8587	96	11	can	can	AUX
fbem-8587	96	12	be	be	AUX
fbem-8587	96	13	issued	issue	VERB
fbem-8587	96	14	with	with	ADP
fbem-8587	96	15	the	the	DET
fbem-8587	96	16	help	help	NOUN
fbem-8587	96	17	of	of	ADP
fbem-8587	96	18	government	government	NOUN
fbem-8587	96	19	credit	credit	NOUN
fbem-8587	96	20	,	,	PUNCT
fbem-8587	96	21	and	and	CCONJ
fbem-8587	96	22	the	the	DET
fbem-8587	96	23	offshore	offshore	ADJ
fbem-8587	96	24	issuance	issuance	NOUN
fbem-8587	96	25	can	can	AUX
fbem-8587	96	26	be	be	AUX
fbem-8587	96	27	promoted	promote	VERB
fbem-8587	96	28	.	.	PUNCT
fbem-8587	97	1	at	at	ADP
fbem-8587	97	2	present	present	ADJ
fbem-8587	97	3	,	,	PUNCT
fbem-8587	97	4	the	the	DET
fbem-8587	97	5	foundation	foundation	NOUN
fbem-8587	97	6	of	of	ADP
fbem-8587	97	7	the	the	DET
fbem-8587	97	8	catastrophe	catastrophe	NOUN
fbem-8587	97	9	insurance	insurance	NOUN
fbem-8587	97	10	market	market	NOUN
fbem-8587	97	11	is	be	AUX
fbem-8587	97	12	relatively	relatively	ADV
fbem-8587	97	13	weak	weak	ADJ
fbem-8587	97	14	,	,	PUNCT
fbem-8587	97	15	and	and	CCONJ
fbem-8587	97	16	it	it	PRON
fbem-8587	97	17	is	be	AUX
fbem-8587	97	18	very	very	ADV
fbem-8587	97	19	difficult	difficult	ADJ
fbem-8587	97	20	to	to	PART
fbem-8587	97	21	take	take	VERB
fbem-8587	97	22	the	the	DET
fbem-8587	97	23	path	path	NOUN
fbem-8587	97	24	of	of	ADP
fbem-8587	97	25	complete	complete	ADJ
fbem-8587	97	26	marketization	marketization	NOUN
fbem-8587	97	27	.	.	PUNCT
fbem-8587	98	1	at	at	ADP
fbem-8587	98	2	this	this	DET
fbem-8587	98	3	stage	stage	NOUN
fbem-8587	98	4	,	,	PUNCT
fbem-8587	98	5	we	we	PRON
fbem-8587	98	6	can	can	AUX
fbem-8587	98	7	learn	learn	VERB
fbem-8587	98	8	from	from	ADP
fbem-8587	98	9	the	the	DET
fbem-8587	98	10	experience	experience	NOUN
fbem-8587	98	11	of	of	ADP
fbem-8587	98	12	other	other	ADJ
fbem-8587	98	13	developing	develop	VERB
fbem-8587	98	14	countries	country	NOUN
fbem-8587	98	15	.	.	PUNCT
fbem-8587	99	1	the	the	DET
fbem-8587	99	2	government	government	NOUN
fbem-8587	99	3	can	can	AUX
fbem-8587	99	4	set	set	VERB
fbem-8587	99	5	up	up	ADP
fbem-8587	99	6	corresponding	correspond	VERB
fbem-8587	99	7	spv	spv	PROPN
fbem-8587	99	8	institutions	institution	NOUN
fbem-8587	99	9	and	and	CCONJ
fbem-8587	99	10	jointly	jointly	ADV
fbem-8587	99	11	carry	carry	VERB
fbem-8587	99	12	out	out	ADP
fbem-8587	99	13	catastrophe	catastrophe	NOUN
fbem-8587	99	14	insurance	insurance	NOUN
fbem-8587	99	15	business	business	NOUN
fbem-8587	99	16	with	with	ADP
fbem-8587	99	17	general	general	ADJ
fbem-8587	99	18	commercial	commercial	ADJ
fbem-8587	99	19	insurance	insurance	NOUN
fbem-8587	99	20	companies	company	NOUN
fbem-8587	99	21	.	.	PUNCT
fbem-8587	100	1	then	then	ADV
fbem-8587	100	2	,	,	PUNCT
fbem-8587	100	3	with	with	ADP
fbem-8587	100	4	the	the	DET
fbem-8587	100	5	joint	joint	ADJ
fbem-8587	100	6	efforts	effort	NOUN
fbem-8587	100	7	of	of	ADP
fbem-8587	100	8	the	the	DET
fbem-8587	100	9	government	government	NOUN
fbem-8587	100	10	and	and	CCONJ
fbem-8587	100	11	the	the	DET
fbem-8587	100	12	market	market	NOUN
fbem-8587	100	13	,	,	PUNCT
fbem-8587	100	14	spvs	spv	NOUN
fbem-8587	100	15	can	can	AUX
fbem-8587	100	16	transfer	transfer	VERB
fbem-8587	100	17	the	the	DET
fbem-8587	100	18	risk	risk	NOUN
fbem-8587	100	19	to	to	ADP
fbem-8587	100	20	the	the	DET
fbem-8587	100	21	capital	capital	NOUN
fbem-8587	100	22	market	market	NOUN
fbem-8587	100	23	by	by	ADP
fbem-8587	100	24	issuing	issue	VERB
fbem-8587	100	25	catastrophe	catastrophe	NOUN
fbem-8587	100	26	bonds	bond	NOUN
fbem-8587	100	27	.	.	PUNCT
fbem-8587	101	1	the	the	DET
fbem-8587	101	2	long	long	ADJ
fbem-8587	101	3	-	-	PUNCT
fbem-8587	101	4	term	term	NOUN
fbem-8587	101	5	development	development	NOUN
fbem-8587	101	6	of	of	ADP
fbem-8587	101	7	catastrophe	catastrophe	NOUN
fbem-8587	101	8	bonds	bond	NOUN
fbem-8587	101	9	can	can	AUX
fbem-8587	101	10	not	not	PART
fbem-8587	101	11	be	be	AUX
fbem-8587	101	12	separated	separate	VERB
fbem-8587	101	13	from	from	ADP
fbem-8587	101	14	the	the	DET
fbem-8587	101	15	improvement	improvement	NOUN
fbem-8587	101	16	of	of	ADP
fbem-8587	101	17	marketization	marketization	NOUN
fbem-8587	101	18	degree	degree	NOUN
fbem-8587	101	19	,	,	PUNCT
fbem-8587	101	20	including	include	VERB
fbem-8587	101	21	the	the	DET
fbem-8587	101	22	cultivation	cultivation	NOUN
fbem-8587	101	23	of	of	ADP
fbem-8587	101	24	investors	investor	NOUN
fbem-8587	101	25	,	,	PUNCT
fbem-8587	101	26	the	the	DET
fbem-8587	101	27	construction	construction	NOUN
fbem-8587	101	28	of	of	ADP
fbem-8587	101	29	market	market	NOUN
fbem-8587	101	30	infrastructure	infrastructure	NOUN
fbem-8587	101	31	and	and	CCONJ
fbem-8587	101	32	the	the	DET
fbem-8587	101	33	establishment	establishment	NOUN
fbem-8587	101	34	of	of	ADP
fbem-8587	101	35	institutional	institutional	ADJ
fbem-8587	101	36	framework	framework	NOUN
fbem-8587	101	37	.	.	PUNCT
fbem-8587	102	1	in	in	ADP
fbem-8587	102	2	terms	term	NOUN
fbem-8587	102	3	of	of	ADP
fbem-8587	102	4	investor	investor	NOUN
fbem-8587	102	5	cultivation	cultivation	NOUN
fbem-8587	102	6	,	,	PUNCT
fbem-8587	102	7	priority	priority	NOUN
fbem-8587	102	8	should	should	AUX
fbem-8587	102	9	be	be	AUX
fbem-8587	102	10	given	give	VERB
fbem-8587	102	11	to	to	ADP
fbem-8587	102	12	institutional	institutional	ADJ
fbem-8587	102	13	investors	investor	NOUN
fbem-8587	102	14	,	,	PUNCT
fbem-8587	102	15	the	the	DET
fbem-8587	102	16	establishment	establishment	NOUN
fbem-8587	102	17	of	of	ADP
fbem-8587	102	18	catastrophe	catastrophe	NOUN
fbem-8587	102	19	investment	investment	NOUN
fbem-8587	102	20	funds	fund	NOUN
fbem-8587	102	21	should	should	AUX
fbem-8587	102	22	be	be	AUX
fbem-8587	102	23	explored	explore	VERB
fbem-8587	102	24	,	,	PUNCT
fbem-8587	102	25	and	and	CCONJ
fbem-8587	102	26	the	the	DET
fbem-8587	102	27	investment	investment	NOUN
fbem-8587	102	28	scope	scope	NOUN
fbem-8587	102	29	of	of	ADP
fbem-8587	102	30	pension	pension	NOUN
fbem-8587	102	31	funds	fund	NOUN
fbem-8587	102	32	and	and	CCONJ
fbem-8587	102	33	sovereign	sovereign	ADJ
fbem-8587	102	34	wealth	wealth	NOUN
fbem-8587	102	35	funds	fund	NOUN
fbem-8587	102	36	should	should	AUX
fbem-8587	102	37	be	be	AUX
fbem-8587	102	38	expanded	expand	VERB
fbem-8587	102	39	to	to	PART
fbem-8587	102	40	include	include	VERB
fbem-8587	102	41	catastrophe	catastrophe	NOUN
fbem-8587	102	42	bonds	bond	NOUN
fbem-8587	102	43	.	.	PUNCT
fbem-8587	103	1	in	in	ADP
fbem-8587	103	2	terms	term	NOUN
fbem-8587	103	3	of	of	ADP
fbem-8587	103	4	market	market	NOUN
fbem-8587	103	5	infrastructure	infrastructure	NOUN
fbem-8587	103	6	construction	construction	NOUN
fbem-8587	103	7	,	,	PUNCT
fbem-8587	103	8	a	a	DET
fbem-8587	103	9	risk	risk	NOUN
fbem-8587	103	10	modeling	model	VERB
fbem-8587	103	11	technology	technology	NOUN
fbem-8587	103	12	exchange	exchange	NOUN
fbem-8587	103	13	platform	platform	NOUN
fbem-8587	103	14	should	should	AUX
fbem-8587	103	15	be	be	AUX
fbem-8587	103	16	set	set	VERB
fbem-8587	103	17	up	up	ADP
fbem-8587	103	18	jointly	jointly	ADV
fbem-8587	103	19	with	with	ADP
fbem-8587	103	20	universities	university	NOUN
fbem-8587	103	21	,	,	PUNCT
fbem-8587	103	22	insurance	insurance	NOUN
fbem-8587	103	23	institutions	institution	NOUN
fbem-8587	103	24	,	,	PUNCT
fbem-8587	103	25	modeling	model	VERB
fbem-8587	103	26	companies	company	NOUN
fbem-8587	103	27	and	and	CCONJ
fbem-8587	103	28	other	other	ADJ
fbem-8587	103	29	forces	force	NOUN
fbem-8587	103	30	.	.	PUNCT
fbem-8587	104	1	meanwhile	meanwhile	ADV
fbem-8587	104	2	,	,	PUNCT
fbem-8587	104	3	a	a	DET
fbem-8587	104	4	catastrophe	catastrophe	NOUN
fbem-8587	104	5	data	datum	NOUN
fbem-8587	104	6	sharing	sharing	NOUN
fbem-8587	104	7	system	system	NOUN
fbem-8587	104	8	should	should	AUX
fbem-8587	104	9	be	be	AUX
fbem-8587	104	10	established	establish	VERB
fbem-8587	104	11	jointly	jointly	ADV
fbem-8587	104	12	by	by	ADP
fbem-8587	104	13	the	the	DET
fbem-8587	104	14	government	government	NOUN
fbem-8587	104	15	and	and	CCONJ
fbem-8587	104	16	the	the	DET
fbem-8587	104	17	market	market	NOUN
fbem-8587	104	18	to	to	PART
fbem-8587	104	19	supplement	supplement	VERB
fbem-8587	104	20	the	the	DET
fbem-8587	104	21	catastrophe	catastrophe	NOUN
fbem-8587	104	22	data	datum	NOUN
fbem-8587	104	23	database	database	NOUN
fbem-8587	104	24	.	.	PUNCT
fbem-8587	105	1	in	in	ADP
fbem-8587	105	2	the	the	DET
fbem-8587	105	3	aspect	aspect	NOUN
fbem-8587	105	4	of	of	ADP
fbem-8587	105	5	system	system	NOUN
fbem-8587	105	6	construction	construction	NOUN
fbem-8587	105	7	;	;	PUNCT
fbem-8587	105	8	the	the	DET
fbem-8587	105	9	first	first	ADJ
fbem-8587	105	10	is	be	AUX
fbem-8587	105	11	to	to	PART
fbem-8587	105	12	improve	improve	VERB
fbem-8587	105	13	the	the	DET
fbem-8587	105	14	institutional	institutional	ADJ
fbem-8587	105	15	framework	framework	NOUN
fbem-8587	105	16	of	of	ADP
fbem-8587	105	17	insurance	insurance	NOUN
fbem-8587	105	18	linked	link	VERB
fbem-8587	105	19	securities	security	NOUN
fbem-8587	105	20	,	,	PUNCT
fbem-8587	105	21	to	to	PART
fbem-8587	105	22	standardize	standardize	VERB
fbem-8587	105	23	the	the	DET
fbem-8587	105	24	establishment	establishment	NOUN
fbem-8587	105	25	conditions	condition	NOUN
fbem-8587	105	26	,	,	PUNCT
fbem-8587	105	27	business	business	NOUN
fbem-8587	105	28	scope	scope	NOUN
fbem-8587	105	29	,	,	PUNCT
fbem-8587	105	30	information	information	NOUN
fbem-8587	105	31	disclosure	disclosure	NOUN
fbem-8587	105	32	,	,	PUNCT
fbem-8587	105	33	capital	capital	NOUN
fbem-8587	105	34	supervision	supervision	NOUN
fbem-8587	105	35	and	and	CCONJ
fbem-8587	105	36	other	other	ADJ
fbem-8587	105	37	elements	element	NOUN
fbem-8587	105	38	of	of	ADP
fbem-8587	105	39	spv	spv	PROPN
fbem-8587	105	40	;	;	PUNCT
fbem-8587	105	41	second	second	ADJ
fbem-8587	105	42	,	,	PUNCT
fbem-8587	105	43	to	to	PART
fbem-8587	105	44	give	give	VERB
fbem-8587	105	45	spvs	spv	NOUN
fbem-8587	105	46	certain	certain	ADJ
fbem-8587	105	47	tax	tax	NOUN
fbem-8587	105	48	incentives	incentive	NOUN
fbem-8587	105	49	to	to	PART
fbem-8587	105	50	avoid	avoid	VERB
fbem-8587	105	51	double	double	ADJ
fbem-8587	105	52	taxation	taxation	NOUN
fbem-8587	105	53	in	in	ADP
fbem-8587	105	54	the	the	DET
fbem-8587	105	55	circulation	circulation	NOUN
fbem-8587	105	56	link	link	NOUN
fbem-8587	105	57	;	;	PUNCT
fbem-8587	105	58	the	the	DET
fbem-8587	105	59	third	third	NOUN
fbem-8587	105	60	is	be	AUX
fbem-8587	105	61	to	to	PART
fbem-8587	105	62	clarify	clarify	VERB
fbem-8587	105	63	the	the	DET
fbem-8587	105	64	accounting	accounting	NOUN
fbem-8587	105	65	treatment	treatment	NOUN
fbem-8587	105	66	rules	rule	NOUN
fbem-8587	105	67	of	of	ADP
fbem-8587	105	68	insurance	insurance	NOUN
fbem-8587	105	69	securitization	securitization	NOUN
fbem-8587	105	70	and	and	CCONJ
fbem-8587	105	71	determine	determine	VERB
fbem-8587	105	72	reasonable	reasonable	ADJ
fbem-8587	105	73	standards	standard	NOUN
fbem-8587	105	74	.	.	PUNCT
fbem-8587	106	1	acknowledgment	acknowledgment	NOUN
fbem-8587	106	2	design	design	NOUN
fbem-8587	106	3	and	and	CCONJ
fbem-8587	106	4	pricing	pricing	NOUN
fbem-8587	106	5	of	of	ADP
fbem-8587	106	6	wenzhou	wenzhou	PROPN
fbem-8587	106	7	geological	geological	ADJ
fbem-8587	106	8	disaster	disaster	NOUN
fbem-8587	106	9	risk	risk	NOUN
fbem-8587	106	10	bond	bond	NOUN
fbem-8587	106	11	(	(	PUNCT
fbem-8587	106	12	wzy2022028	wzy2022028	NOUN
fbem-8587	106	13	)	)	PUNCT
fbem-8587	106	14	,	,	PUNCT
fbem-8587	106	15	wenzhou	wenzhou	PROPN
fbem-8587	106	16	polytechnic	polytechnic	PROPN
fbem-8587	106	17	.	.	PUNCT
fbem-8587	107	1	references	reference	NOUN
fbem-8587	107	2	[	[	X
fbem-8587	107	3	1	1	NUM
fbem-8587	107	4	]	]	X
fbem-8587	107	5	liu	liu	PROPN
fbem-8587	107	6	tingjie	tingjie	PROPN
fbem-8587	107	7	,	,	PUNCT
fbem-8587	107	8	shi	shi	PROPN
fbem-8587	107	9	neng	neng	PROPN
fbem-8587	107	10	,	,	PUNCT
fbem-8587	107	11	gu	gu	PROPN
fbem-8587	107	12	junqiang	junqiang	PROPN
fbem-8587	107	13	.	.	PUNCT
fbem-8587	108	1	statistical	statistical	ADJ
fbem-8587	108	2	analysis	analysis	NOUN
fbem-8587	108	3	of	of	ADP
fbem-8587	108	4	typhoon	typhoon	NOUN
fbem-8587	108	5	disasters	disaster	NOUN
fbem-8587	108	6	in	in	ADP
fbem-8587	108	7	zhejiang	zhejiang	PROPN
fbem-8587	108	8	province	province	PROPN
fbem-8587	109	1	[	[	X
fbem-8587	109	2	j	j	X
fbem-8587	109	3	]	]	X
fbem-8587	109	4	.	.	PUNCT
fbem-8587	110	1	journal	journal	PROPN
fbem-8587	110	2	of	of	ADP
fbem-8587	110	3	catastrophology,2002(04):65	catastrophology,2002(04):65	PROPN
fbem-8587	110	4	-	-	PUNCT
fbem-8587	110	5	72	72	NUM
fbem-8587	110	6	.	.	PUNCT
fbem-8587	110	7	]	]	PUNCT
fbem-8587	111	1	[	[	X
fbem-8587	111	2	2	2	X
fbem-8587	111	3	]	]	PUNCT
fbem-8587	111	4	yang	yang	PROPN
fbem-8587	111	5	xiaoliang	xiaoliang	PROPN
fbem-8587	111	6	,	,	PUNCT
fbem-8587	111	7	yang	yang	PROPN
fbem-8587	111	8	min	min	PROPN
fbem-8587	111	9	,	,	PUNCT
fbem-8587	111	10	long	long	ADJ
fbem-8587	111	11	linxue	linxue	NOUN
fbem-8587	111	12	,	,	PUNCT
fbem-8587	111	13	yang	yang	PROPN
fbem-8587	111	14	lv	lv	PROPN
fbem-8587	111	15	yuci	yuci	PROPN
fbem-8587	111	16	,	,	PUNCT
fbem-8587	111	17	wang	wang	PROPN
fbem-8587	111	18	haichuan	haichuan	PROPN
fbem-8587	111	19	,	,	PUNCT
fbem-8587	111	20	yang	yang	PROPN
fbem-8587	111	21	yue	yue	PROPN
fbem-8587	111	22	.	.	PUNCT
fbem-8587	112	1	characteristics	characteristic	NOUN
fbem-8587	112	2	of	of	ADP
fbem-8587	112	3	northbound	northbound	NOUN
fbem-8587	112	4	typhoons	typhoon	NOUN
fbem-8587	112	5	and	and	CCONJ
fbem-8587	112	6	their	their	PRON
fbem-8587	112	7	typical	typical	ADJ
fbem-8587	112	8	heavy	heavy	ADJ
fbem-8587	112	9	rain	rain	NOUN
fbem-8587	112	10	processes	process	NOUN
fbem-8587	112	11	affecting	affect	VERB
fbem-8587	112	12	the	the	DET
fbem-8587	112	13	bohai	bohai	ADJ
fbem-8587	112	14	rim	rim	NOUN
fbem-8587	113	1	[	[	X
fbem-8587	113	2	j	j	X
fbem-8587	113	3	]	]	X
fbem-8587	113	4	.	.	PUNCT
fbem-8587	114	1	marine	marine	PROPN
fbem-8587	114	2	forecasting	forecasting	NOUN
fbem-8587	114	3	,	,	PUNCT
fbem-8587	114	4	201,38(04):99	201,38(04):99	NUM
fbem-8587	114	5	-	-	SYM
fbem-8587	114	6	106	106	NUM
fbem-8587	114	7	.	.	PUNCT
fbem-8587	115	1	[	[	X
fbem-8587	115	2	3	3	X
fbem-8587	115	3	]	]	X
fbem-8587	115	4	shi	shi	PROPN
fbem-8587	115	5	jian	jian	PROPN
fbem-8587	115	6	-	-	PUNCT
fbem-8587	115	7	xiang	xiang	PROPN
fbem-8587	115	8	,	,	PUNCT
fbem-8587	115	9	wu	wu	PROPN
fbem-8587	115	10	yun	yun	PROPN
fbem-8587	115	11	-	-	PUNCT
fbem-8587	115	12	ling	ling	PROPN
fbem-8587	115	13	.	.	PUNCT
fbem-8587	116	1	research	research	NOUN
fbem-8587	116	2	on	on	ADP
fbem-8587	116	3	risk	risk	NOUN
fbem-8587	116	4	securitization	securitization	NOUN
fbem-8587	116	5	of	of	ADP
fbem-8587	116	6	catastrophe	catastrophe	NOUN
fbem-8587	116	7	insurance	insurance	NOUN
fbem-8587	116	8	in	in	ADP
fbem-8587	116	9	china	china	PROPN
fbem-8587	116	10	-design	-design	PROPN
fbem-8587	116	11	of	of	ADP
fbem-8587	116	12	typhoon	typhoon	NOUN
fbem-8587	116	13	disaster	disaster	NOUN
fbem-8587	116	14	bonds	bond	NOUN
fbem-8587	117	1	[	[	X
fbem-8587	117	2	j	j	X
fbem-8587	117	3	]	]	X
fbem-8587	117	4	.	.	PUNCT
fbem-8587	118	1	finance	finance	NOUN
fbem-8587	118	2	research,2006(05):103	research,2006(05):103	NOUN
fbem-8587	118	3	-	-	PUNCT
fbem-8587	118	4	112	112	NUM
fbem-8587	118	5	.	.	PUNCT
fbem-8587	118	6	]	]	X
fbem-8587	119	1	[	[	X
fbem-8587	119	2	4	4	X
fbem-8587	119	3	]	]	SYM
fbem-8587	119	4	krzyszt	krzyszt	NOUN
fbem-8587	119	5	of	of	ADP
fbem-8587	119	6	burnecki	burnecki	PROPN
fbem-8587	119	7	and	and	CCONJ
fbem-8587	119	8	grzegorz	grzegorz	PROPN
fbem-8587	119	9	kukla.pricing	kukla.pricing	PROPN
fbem-8587	119	10	of	of	ADP
fbem-8587	119	11	zerocoupon	zerocoupon	PROPN
fbem-8587	119	12	and	and	CCONJ
fbem-8587	119	13	coupon	coupon	NOUN
fbem-8587	119	14	cat	cat	NOUN
fbem-8587	119	15	bonds[j].applicationes	bonds[j].applicationes	PROPN
fbem-8587	119	16	mathematicae	mathematicae	PROPN
fbem-8587	119	17	,	,	PUNCT
fbem-8587	119	18	2003	2003	NUM
fbem-8587	119	19	,	,	PUNCT
fbem-8587	119	20	30	30	NUM
fbem-8587	119	21	(	(	PUNCT
fbem-8587	119	22	3	3	NUM
fbem-8587	119	23	)	)	PUNCT
fbem-8587	119	24	:	:	PUNCT
fbem-8587	119	25	315	315	NUM
fbem-8587	119	26	-	-	SYM
fbem-8587	119	27	324	324	NUM
fbem-8587	119	28	.	.	PUNCT
fbem-8587	120	1	[	[	X
fbem-8587	120	2	5	5	NUM
fbem-8587	120	3	]	]	PUNCT
fbem-8587	120	4	ou	ou	NOUN
fbem-8587	120	5	h	h	NOUN
fbem-8587	120	6	,	,	PUNCT
fbem-8587	120	7	zhou	zhou	PROPN
fbem-8587	120	8	z	z	PROPN
fbem-8587	120	9	y.	y.	PROPN
fbem-8587	120	10	the	the	DET
fbem-8587	120	11	innovation	innovation	NOUN
fbem-8587	120	12	and	and	CCONJ
fbem-8587	120	13	pricing	pricing	NOUN
fbem-8587	120	14	of	of	ADP
fbem-8587	120	15	flood	flood	NOUN
fbem-8587	120	16	catastrophe	catastrophe	NOUN
fbem-8587	120	17	bonds	bond	NOUN
fbem-8587	120	18	[	[	X
fbem-8587	120	19	j	j	X
fbem-8587	120	20	]	]	X
fbem-8587	120	21	.	.	PUNCT
fbem-8587	121	1	journal	journal	PROPN
fbem-8587	121	2	of	of	ADP
fbem-8587	121	3	natural	natural	ADJ
fbem-8587	121	4	science	science	NOUN
fbem-8587	121	5	of	of	ADP
fbem-8587	121	6	hunan	hunan	PROPN
fbem-8587	121	7	normal	normal	PROPN
fbem-8587	121	8	university,20,43(04):75	university,20,43(04):75	PROPN
fbem-8587	121	9	-	-	PUNCT
fbem-8587	121	10	79	79	NUM
fbem-8587	121	11	.	.	PUNCT
fbem-8587	122	1	(	(	PUNCT
fbem-8587	122	2	in	in	ADP
fbem-8587	122	3	chinese	chinese	PROPN
fbem-8587	122	4	)	)	PUNCT
fbem-8587	123	1	[	[	X
fbem-8587	123	2	6	6	NUM
fbem-8587	123	3	]	]	PUNCT
fbem-8587	123	4	j.	j.	PROPN
fbem-8587	123	5	david	david	PROPN
fbem-8587	123	6	cummins	cummins	PROPN
fbem-8587	123	7	.	.	PUNCT
fbem-8587	124	1	cat	cat	NOUN
fbem-8587	124	2	bonds	bond	NOUN
fbem-8587	124	3	and	and	CCONJ
fbem-8587	124	4	other	other	ADJ
fbem-8587	124	5	risk‐linked	risk‐linke	VERB
fbem-8587	124	6	securities	security	NOUN
fbem-8587	124	7	:	:	PUNCT
fbem-8587	124	8	state	state	NOUN
fbem-8587	124	9	of	of	ADP
fbem-8587	124	10	the	the	DET
fbem-8587	124	11	market	market	NOUN
fbem-8587	124	12	and	and	CCONJ
fbem-8587	124	13	recent	recent	ADJ
fbem-8587	124	14	developments[j	developments[j	NOUN
fbem-8587	124	15	]	]	PUNCT
fbem-8587	124	16	.	.	PUNCT
fbem-8587	125	1	risk	risk	NOUN
fbem-8587	125	2	management	management	NOUN
fbem-8587	125	3	and	and	CCONJ
fbem-8587	125	4	insurance	insurance	NOUN
fbem-8587	125	5	review	review	NOUN
fbem-8587	125	6	,	,	PUNCT
fbem-8587	125	7	2008	2008	NUM
fbem-8587	125	8	,	,	PUNCT
fbem-8587	125	9	11(1	11(1	NUM
fbem-8587	125	10	)	)	PUNCT
fbem-8587	125	11	:	:	PUNCT
fbem-8587	125	12	23	23	NUM
fbem-8587	125	13	-	-	SYM
fbem-8587	125	14	47	47	NUM
fbem-8587	125	15	.	.	PUNCT
fbem-8587	126	1	[	[	X
fbem-8587	126	2	7	7	X
fbem-8587	126	3	]	]	X
fbem-8587	126	4	shi	shi	PROPN
fbem-8587	126	5	jianxiang	jianxiang	PROPN
fbem-8587	126	6	,	,	PUNCT
fbem-8587	126	7	wu	wu	PROPN
fbem-8587	126	8	yunling	yunling	PROPN
fbem-8587	126	9	.	.	PUNCT
fbem-8587	127	1	research	research	NOUN
fbem-8587	127	2	on	on	ADP
fbem-8587	127	3	risk	risk	NOUN
fbem-8587	127	4	securitization	securitization	NOUN
fbem-8587	127	5	of	of	ADP
fbem-8587	127	6	catastrophe	catastrophe	NOUN
fbem-8587	127	7	insurance	insurance	NOUN
fbem-8587	127	8	in	in	ADP
fbem-8587	127	9	china	china	PROPN
fbem-8587	127	10	-design	-design	PROPN
fbem-8587	127	11	of	of	ADP
fbem-8587	127	12	typhoon	typhoon	NOUN
fbem-8587	127	13	disaster	disaster	NOUN
fbem-8587	127	14	bonds	bond	NOUN
fbem-8587	128	1	[	[	X
fbem-8587	128	2	j	j	X
fbem-8587	128	3	]	]	X
fbem-8587	128	4	.	.	PUNCT
fbem-8587	129	1	finance	finance	NOUN
fbem-8587	129	2	research,2006(05):103	research,2006(05):103	NOUN
fbem-8587	129	3	-	-	PUNCT
fbem-8587	129	4	112	112	NUM
fbem-8587	129	5	.	.	PUNCT
fbem-8587	129	6	]	]	X
fbem-8587	130	1	[	[	X
fbem-8587	130	2	8	8	NUM
fbem-8587	130	3	]	]	X
fbem-8587	130	4	tian	tian	ADJ
fbem-8587	130	5	l	l	NOUN
fbem-8587	130	6	,	,	PUNCT
fbem-8587	130	7	xiang	xiang	PROPN
fbem-8587	130	8	f.	f.	PROPN
fbem-8587	130	9	comparative	comparative	PROPN
fbem-8587	130	10	study	study	NOUN
fbem-8587	130	11	on	on	ADP
fbem-8587	130	12	catastrophe	catastrophe	NOUN
fbem-8587	130	13	bond	bond	NOUN
fbem-8587	130	14	pricing	pricing	NOUN
fbem-8587	130	15	model	model	NOUN
fbem-8587	130	16	based	base	VERB
fbem-8587	130	17	on	on	ADP
fbem-8587	130	18	risk	risk	NOUN
fbem-8587	130	19	pricing	pricing	NOUN
fbem-8587	130	20	framework	framework	NOUN
fbem-8587	130	21	[	[	X
fbem-8587	130	22	j	j	X
fbem-8587	130	23	]	]	X
fbem-8587	130	24	.	.	PUNCT
fbem-8587	131	1	journal	journal	PROPN
fbem-8587	131	2	of	of	ADP
fbem-8587	131	3	wuhan	wuhan	PROPN
fbem-8587	131	4	university	university	PROPN
fbem-8587	131	5	(	(	PUNCT
fbem-8587	131	6	philosophy	philosophy	NOUN
fbem-8587	131	7	and	and	CCONJ
fbem-8587	131	8	social	social	ADJ
fbem-8587	131	9	sciences	science	NOUN
fbem-8587	131	10	)	)	PUNCT
fbem-8587	131	11	,	,	PUNCT
fbem-8587	131	12	2006	2006	NUM
fbem-8587	131	13	(	(	PUNCT
fbem-8587	131	14	02	02	NUM
fbem-8587	131	15	):	):	PUNCT
fbem-8587	131	16	168	168	NUM
fbem-8587	131	17	-	-	SYM
fbem-8587	131	18	174	174	NUM
fbem-8587	131	19	.	.	PUNCT
fbem-8587	131	20	]	]	X
fbem-8587	132	1	[	[	X
fbem-8587	132	2	9	9	X
fbem-8587	132	3	]	]	X
fbem-8587	132	4	kang	kang	PROPN
fbem-8587	132	5	hanbin	hanbin	PROPN
fbem-8587	132	6	,	,	PUNCT
fbem-8587	132	7	xing	xing	PROPN
fbem-8587	132	8	tiancai	tiancai	PROPN
fbem-8587	132	9	.	.	PUNCT
fbem-8587	133	1	considering	consider	VERB
fbem-8587	133	2	multiple	multiple	ADJ
fbem-8587	133	3	risk	risk	NOUN
fbem-8587	133	4	factors	factor	NOUN
fbem-8587	133	5	of	of	ADP
fbem-8587	133	6	catastrophe	catastrophe	NOUN
fbem-8587	133	7	bond	bond	NOUN
fbem-8587	133	8	pricing	pricing	NOUN
fbem-8587	133	9	research	research	NOUN
fbem-8587	133	10	in	in	ADP
fbem-8587	133	11	china	china	PROPN
fbem-8587	134	1	[	[	X
fbem-8587	134	2	j	j	X
fbem-8587	134	3	]	]	X
fbem-8587	134	4	.	.	PUNCT
fbem-8587	135	1	journal	journal	PROPN
fbem-8587	135	2	of	of	ADP
fbem-8587	135	3	insurance	insurance	NOUN
fbem-8587	135	4	research	research	NOUN
fbem-8587	135	5	,	,	PUNCT
fbem-8587	135	6	2013	2013	NUM
fbem-8587	135	7	(	(	PUNCT
fbem-8587	135	8	8)	8)	NUM
fbem-8587	135	9	:	:	SYM
fbem-8587	135	10	94	94	NUM
fbem-8587	135	11	-	-	SYM
fbem-8587	135	12	106	106	NUM
fbem-8587	135	13	.	.	PUNCT
fbem-8587	136	1	the	the	DET
fbem-8587	136	2	doi	doi	NOUN
fbem-8587	136	3	:	:	PUNCT
fbem-8587	136	4	10.13497	10.13497	NUM
fbem-8587	136	5	/	/	SYM
fbem-8587	136	6	j.carol	j.carol	PROPN
fbem-8587	136	7	carroll	carroll	PROPN
fbem-8587	136	8	nki	nki	PROPN
fbem-8587	136	9	is	be	AUX
fbem-8587	136	10	.	.	PUNCT
fbem-8587	137	1	2013.08.008	2013.08.008	NOUN
fbem-8587	137	2	.	.	PUNCT