Mexico’s upper target for new World Bank cat bond lifted to $525m

The upper-end target for the government of Mexico's latest World Bank supported catastrophe bond issuance has been lifted, with the IBRD / FONDEN 2020 transaction now seeking up to $525 million of parametric earthquake and hurricane protection for the country.As well as up uplift in the upper-end of its targeted read the full article →

Mexico returns for $425m+ quake & hurricane World Bank cat bond

The government of Mexico has returned to the catastrophe bond market with the help of the World Bank and its International Bank for Reconstruction and Development (IBRD), seeking a $425 million or larger slice of parametric earthquake and hurricane disaster insurance from the capital markets through an issue we've named read the full article →