Shutterstock.com_2577537141/Beni Photos_Shutterstock_374466799/Ekaterina Simonova

19 May 2026Alternative Risk Transfer

Jamaica upsizes cat bond coverage. Smart hedge or expensive gamble?

The World Bank has priced a $200 million catastrophe bond for Jamaica, upsizing its previous $150 million coverage, even as experts caution climate-vulnerable countries against relying too heavily on costly, low-frequency instruments.

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