Pacific Alliance

Share

Mexican government cites “innovations” in new World Bank cat bond

The federal government of Mexico has cited new "innovations" that improve the coverage of its latest catastrophe, which was secured as part of the World Bank's $1.36 billion multi-country Pacific Alliance cat bond issuance that completed recently.Having received a $150 million payout from its last earthquake catastrophe bond tranche after read the full article →

World Bank hails investor appetite for “historic” $1.36bn cat bond

The World Bank has hailed the "very strong demand" for its recently completed issuance of $1.36 billion of parametric earthquake catastrophe bonds, to the benefit of Pacific Alliance member countries Chile, Colombia, Mexico and Peru, calling the transaction "historic" and highlighting some records it has set.The $1.36 billion Latin and read the full article →

Pacific Alliance cat bond to settle at $1.36bn, priced below guidance

The World Bank supported issuance of five tranches of earthquake catastrophe bonds, for the four member nations of the Pacific Alliance trade bloc in Latin America, is now going to settle at an overall transaction size of $1.36 billion, with all tranches of notes now priced at the bottom end read the full article →

Pacific Alliance earthquake cat bond target rises to $1.39 billion

The first catastrophe bonds to benefit all four member nations of the Pacific Alliance trade bloc in Latin America is set to increase in size, as the mooted $1 billion cat bond issuance has now had its target increased to as much as $1.39 billion of earthquake risk coverage for read the full article →

$1 billion Pacific Alliance earthquake cat bond launched by World Bank

The awaited first catastrophe bond to cover the four member nations of the Pacific Alliance trade bloc in Latin America has now been launched by the World Bank, with an offering seeking $1 billion of earthquake coverage for Chile, Colombia, Mexico and Peru, in what will be one of the read the full article →