Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents



Mexico struck by M7.0 quake. World Bank cat bond appears safe

8th September 2021

A magnitude 7.0 earthquake has struck the Pacific coast of Mexico close to the tourist heavy area of Acapulco. At this stage, it appears the World Bank facilitated IBRD / FONDEN 2020 parametric catastrophe bond that provides the Mexican government with earthquake insurance protection is safe from loss, but it is hard to be certain […]

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Hurricane Genevieve pressure implies no Mexico cat bond threat

19th August 2020

Hurricane Genevieve remains a strong category 3 hurricane as it barrels towards the Baja Peninsula of Mexico in the Pacific, with sustained winds of 115 mph and higher gusts, but with the central pressure of the storm now rising it suggests there is no threat to the World Bank issued parametric Mexico catastrophe bonds.

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