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Hurricane Melissa triggers 100% payout of $150 million World Bank Catastrophe Bond for Jamaica

Hurricane Melissa triggers 100% payout of $150 million World Bank Catastrophe Bond for Jamaica

by AIP Online Bureau | Nov 11, 2025 | International News, Non-Life, Reinsurance, Risk Management

Catastrophe insurance backed by catastrophe bonds are part of the World Bank’s Crisis Preparedness and Response toolkit which provides developing countries with an innovative suite of tools to better respond to crises and prepare for future shocks. This includes fast...
Hurricane Melissa triggers 100% payout of $150 million World Bank Catastrophe Bond for Jamaica

Catastrophe bond investors brace for Jamaica payout

by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Depending on exactly where Melissa hits Jamaica, total losses may range from $5 billion to $16 billion, according to Chuck Watson, a disaster modeler with Enki Research. Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as...

Swiss Re structures Blackstone’s first indemnity catastrophe bond

by AIP Online Bureau | Jul 20, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The transaction is Blackstone’s first indemnity catastrophe bond and covers named storms and earthquakes in the United States and Canada New York: Swiss Re Capital Markets has successfully structured and placed the issuance of USD 250 million of insurance-linked...

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