Jamaica gets $150m of named storm insurance coverage with renewal of World Bank cat bond
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Reinsurance News - Apr 26, 2024
The World Bank has priced a catastrophe bond that provides $150 million in insurance coverage for the Government of Jamaica against named storm events. IBRD CAR Jamaica 2024 is a renewal of The World Bank’s 2021 cat bond for Jamaica, IBRD CAR 130, which was the first small island state to independen...
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