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

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