While Jamaica won't receive a payout from its catastrophe bond after hurricane Beryl passed close to the island but was not intense enough, or a direct hit, to activate that structure's trigger, the fact the country has a multi-layered disaster risk fina… Read on blog or Reader Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site Read on blog or Reader Not every risk transfer instrument designed to trigger for every storm: Jamaica MoF By Steve Evans on 8th July 2024 While Jamaica won't receive a payout from its catastrophe bond after hurricane Beryl passed close to the island but was not intense enough, or a direct hit, to activate that structure's trigger, the fact the country has a multi-layered disaster risk financing strategy means liquidity is available, the country's Minister of Finance Dr. Nigel Clarke has highlighted. Continue reading

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