Catastrophe Risks
World Bank Issues $175M Catastrophe Bond for Mexico's Pacific Hurricanes
The World Bank issues a $175M catastrophe bond for Mexico's Pacific hurricanes, expanding disaster coverage to $595M in 2024 through innovative financial protection. Read More
Fitch Ratings Weighs in on Jamaica's Catastrophe Bond
Fitch Ratings has released an analysis of the recent catastrophe bond issued by the World Bank for the benefit of Jamaica. Read More
World Bank Partners with Jamaica for Catastrophe Bond Renewal
The World Bank has joined forces with Jamaica to provide financial protection against named storm events through a newly priced catastrophe bond totaling $150 million. Read More
Swiss Re Sigma: Natural Catastrophes, Insured Losses Surge
Swiss Re sigma: natural catastrophes, insured losses surge with $108 billion in losses from 142 events reported in 2023. Read More
Global Catastrophes: A Recap of Q1 2024's Impact and Implications
Q1 2024 global catastrophes resulted in more than $45 billion in total economic losses, led by Japan's Noto Earthquake. US storms and wildfires caused $13 billion in insured losses. Chile's experienced its worst since 2010. A new Aon report recaps. Read More