World Bank to issue cat bond for the Caribbean region

18 July 2022

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The World Bank is working with Jamaica and three other countries to develop a catastrophe bond for the Caribbean.

José Ángel Villalobos, senior financial sector specialist at the World Bank, revealed the plan while speaking at a forum last week, reported the Jamaica Observer.

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World Bank to issue cat bond for the Caribbean region

The World Bank is working with Jamaica and three other countries to develop a catastrophe bond for the Caribbean.

Fuel a smarter strategy with our actionable market intelligence

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World Bank to issue cat bond for the Caribbean region

The World Bank is working with Jamaica and three other countries to develop a catastrophe bond for the Caribbean.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM