The World Bank issues $420m parametric cat bond for the Government of Mexico

Share!

Reinsurance News - Apr 17, 2024

The World Bank has issued $420 million in catastrophe bonds for renewed disaster risk protection for the Government of Mexico. The cat bond, which will finance insurance coverage against named storm events along the Atlantic coast of Mexico and earthquake events, will be issued by the International...

Read Full Article

Recommended Articles

RAA elects Everest’s Williamson as Chair and PartnerRe’s Colello as Vice Chair

Posted: Apr 30, 2024

Jim Williamson, Executive Vice President and Group Chief Operating Officer (COO) of insurer and rein...

McGill and Partners names Price-Draper as Partner in its Financial Lines team

Posted: Apr 30, 2024

McGill and Partners has appointed Jack Price-Draper as Partner in its Financial Lines team. Price-Dr...

Q1 2024 sets record for most ransomware attacks in a first quarter: Corvus

Posted: Apr 30, 2024

As per a new report from Corvus Insurance, Q1 2024 has set a record for the most global ransomware a...