Under a CDS, one party seeks to protect itself against the default of a bond issuer by paying an annual sum—the equivalent of an insurance premium—to someone else who wants to take on the risk.
In percentage terms, the judge held the sum to be just under 37 percent of Charman's assets, built up through the insurance industry.
就百分比来说，法官把判决的数目订在查曼靠保险业创立起来的资产总额的37%上。
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They are also entitled to cost-of-living increases of 3% a year, health and dental insurance for life and lump-sum payments for unused sick leave that could reach hundreds of thousands of dollars.