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catastrophe bond

Coverage of catastrophe bond in the Nexus archive.

Earliest in view: Jul 3 · 18:12 UTCMost recent: Jul 3 · 18:12 UTC
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  • BUSINESSJul 3 · 18:12 UTCTHE RIO TIMES
    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.