Swiss Re Insurance-Linked Fund Management

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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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