Dossier
catastrophe bond
Coverage of catastrophe bond in the Nexus archive.
- Jamaica Buys Its Biggest Storm Bond Yet After Melissa Paid Out in Full
Jamaica secured a $200 million parametric hurricane bond in May 2025 through a World Bank-facilitated catastrophe bond, its largest to date. The previous bond paid out $150 million in full after Hurricane Melissa struck in October 2025 but did not pay out following Hurricane Beryl in 2024.