Swiss Re Insurance-Linked Fund Management

Xactanalysis Insights and PCS

fonden

Share

Efficient, precise, refined, the World Bank’s latest cat bond

7th August 2017

The parametric trigger in the latest catastrophe bond to be issued with the assistance of the World Bank, the $360 million Mexico earthquakes and named storm cat bond IBRD / FONDEN 2017, offers the sponsoring government of Mexico a more efficient layer of risk transfer, due to its more precise and refined structure, according to […]

Read the full article

Target for Mexico’s FONDEN 2017 cat bond lifted to $360m

24th July 2017

The target size of the recently launched IBRD / FONDEN 2017 multi-peril catastrophe bond, which will secure a source of reinsurance risk transfer for Mexico’s Fund for Natural Disasters (El Fondo de Desastres Naturales), has been increased by 24% with the deal now expected to result in issuance of up to $360 million of notes.

Read the full article

Mexico returns with new Fonden 2017 multi-peril cat bond

14th July 2017

Mexico has returned to the catastrophe bond market with a new transaction seeking a source of reinsurance risk transfer for its Fund for Natural Disasters (El Fondo de Desastres Naturales), better known as FONDEN, in a $290 million deal we’ve called IBRD / FONDEN 2017, assisted by the World Bank.

Read the full article