Jamaica is back to renew and replace the catastrophe bond that was triggered after hurricane Melissa
Jamaica returns for $150m cat bond renewal
|
|
|
Jamaica returns for new $150m World Bank cat bond to replace coverage triggered by Melissa
 The Government of Jamaica is back in the catastrophe bond market again with the support of the World Bank, targeting $150 million of parametric named storm and hurricane protection from an IBRD CAR Jamaica 2026 issuance, designed to replace its coverage that was triggered by hurricane Melissa, Artemis has learned from sources.
This will be the third catastrophe bond sponsored by Jamaica and it’s encouraging to learn the country is looking to maintain its robust and multi-layered disaster risk financing program, which sees its parametric cat bond sitting at the top.
Read the full story.
Other articles:
|
|
|
|
|
| Please share this with colleagues and friends if you think they would like to receive it.
If you've been forwarded this but want to subscribe, visit Artemis.
|
|
| |
|
|
You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here .
© Steve Evans Ltd. - Artemis.bm
|
|
|
|
No comments:
Post a Comment