US bank overseers clear D&O insurers from broad swathe of action on SVB
15-03-2023
Earthquake fund faces $1.4b April renewal after 23% shortfall at 1.1
10-03-2023
20-03-2023
The Government of Chile has agreed to a catastrophe bond and swap transaction with the World Bank protecting it from $630 million worth of damage and disruptive economic impacts of earthquakes and resulting tsunamis. Chile is one of the most seismically active countries in the world, experiencing some of the largest earthquakes ever recorded.
Chile, Earthquake, World Bank, Catastrophe bond, Transaction, Insurance, Reinsurance