hurricane Willa 2018

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Hurricane Willa pressure rises, puts Mexico cat bond in the clear

Hurricane Willa's minimum central pressure has now risen as the storm has weakened slightly, which puts Mexico's World Bank supported IBRD / FONDEN 2017 catastrophe bond in the clear as the storm will now not be sufficiently intense when it enters the parametric box to trigger any payout.Yesterday hurricane Willa read the full article →

Hurricane Willa pressure drops, risk to Mexico’s Fonden 2017 cat bond rises

Hurricane Willa has intensified on approach to the Pacific coastline of Mexico with its winds reaching Category 5 strength at 160 mph and the central pressure dropping further to 925 mb, increasing its threat to trigger a $110 million Class C tranche of notes from the World Bank supported IBRD read the full article →