WebMar 20, 2024 · The World Bank priced its largest ever catastrophe protection transaction for a single country on Friday, raising $630m of cover for Chile’s government against the risk of severe earthquakes... WebMar 24, 2024 · As well as the catastrophe bond, Chile has also purchased $280 million of ‘catastrophe swaps,’ bringing the combined coverage amount to $630 million. Cat …
World Bank targets $150mn of quake cat bond coverage for Chile
WebMar 15, 2024 · World Bank’s Chile cat bond ups target size to $300mn at the top end Liz Bury 15 March 2024 The World Bank has increased the target size of its Republic of Chile earthquake catastrophe bond to $250mn-$300mn, as the pricing moved to 4.75% – the lower edge of the initial guidance range. WebFeb 23, 2024 · The Republic of Chile is aiming to secure $150 million of parametric earthquake disaster insurance protection through a new IBRD – Chile 2024 transaction that is being issued by the World Bank’s multilateral development bank, the International Bank for Reconstruction and Development (IBRD). The IBRD – Chile 2024 catastrophe bond … many a slip twixt the cup and the lip 意味
World Bank gets price tension for Chile with cat bond/reinsurance …
WebMar 16, 2024 · 16 March 2024 The World Bank has issued a last-minute increase to the size of its catastrophe bond benefiting the Republic of Chile to $325mn-$350mn, which, at the top edge, would be 130% higher than the initially targeted $150mn. The bond already increased in size yesterday, to $250mn-$300mn. WebMar 20, 2024 · Jorge Familiar, Vice President and Treasurer of the World Bank joined us to discuss the recent execution of $630m of catastrophe bonds and swaps to provide earthquake protection to Chile, as well as the World Bank's outlook for the cat bond market opportunity for its member countries. 12 min MAR 20, 2024 WebMar 29, 2024 · Hong Kong The Hong Kong Stock Exchange (HKEX) has listed its first cat bond with the debut of the World Bank US$350 million Chile catastrophe bond on March 28. The bond offers protection against losses for t... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. manyas networks