Shutterstock_1326836297
17 May 2024Alternative Risk Transfer

Mexico ‘setting the standard’ with $175m World Bank cat bond for hurricane risk

The Government of Mexico has secured $175 million of additional insurance coverage for its pacific hurricane risk through a new catastrophe bond transaction facilitated by the World Bank (International Bank for Reconstruction and Development, or IBRD).

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Alternative Risk Transfer
21 May 2026   Casualty sidecars picking up interest from investors, says Gallagher Securities.
Alternative Risk Transfer
21 May 2026   Longer-tail risks are gaining attention in the ILS market, forcing a rethink of structure to maintain investor appetite.
Alternative Risk Transfer
20 May 2026   Expanding multi-peril coverage to include wildfire.