Sunday, May 12, 2024
Sunday, May 12, 2024
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Jamaica happy with second World Bank cat bond, Hong Kong help: Minister of Finance

The Caribbean island nation of Jamaica is “pleased” to have secured protection from its second World Bank supported disaster bond, Finance Minister Dr. Nigel...

Mexico anticipated to renew Pacific coast hurricane cat bond after Otis decision

We reported earlier this week that the Government of Mexico is again within the disaster bond market with a brand new World Bank facilitated...

NHC hurricane Otis report suggests Fonden Class D cat bond loss shall be ~50%

The U.S. National Hurricane Center (NHC) has delivered its remaining tropical cyclone report for 2023’s hurricane Otis, placing the minimal central stress of the...
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Descartes expands parametric options past cat, with first cyber providing

Demonstrating its urge for food to ship parametric insurance coverage and data-driven danger switch options past pure disaster, climate and local weather dangers, specialist...

Mexico deliberate to renew cat bond even earlier than Otis triggered it

The Government of Mexico’s disaster bond, which is now set to be triggered after main hurricane Otis final week, was already deliberate for renewal...

Aon’s White Rock points $40m Asagao VII personal cat bond

Aon operated Bermuda-based segregated account firm White Rock Insurance (SAC) Ltd. has issued one other personal disaster bond within the Japanese Asagao parametric earthquake...
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Some uncertainty, however possible Otis will set off 50% Mexico cat bond loss: Twelve Capital

Specialist insurance coverage and reinsurance-linked funding supervisor Twelve Capital has highlighted some uncertainty with respect to the ultimate central strain determine that may get...
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