Tokio Marine sponsors SOFR-based sustainable development bond
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Tokio Marine sponsors SOFR-based sustainable development bond

Proceeds from the bond will be used to fund IBRD projects.

By Jai Singh
March 22, 2024
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Tokio Marine is to become the first Japanese insurer to utilise the SOFR-based sustainable development bond (SBD) by sponsoring a new catastrophe bond, Kizuna Re, this publication understands.

Kizuna

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NewsTokio Marine HoldingsCatastrophe bonds
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