World Bank to target $360mn of coverage for Mexican nat cats
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

World Bank to target $360mn of coverage for Mexican nat cats

The bond will provide parametric cover for earthquake and windstorms.

By Aisling Finn
March 12, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
hurricane-michael-in-mexico-beach-state-road-98-pa-39110397-web.jpg

The World Bank has launched a $360mn cat bond, Insurance Insider ILS understands.

The Mexican government is seeking parametric earthquake and windstorm coverage for Mexico, its neighbouring countries and several US states.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsCatastrophe bonds
Gift this article