World Bank $225m cat bond transaction insures the Philippines against natural disaster
25-11-2019
Munich Re’s annual roundtable discussion in Monte Carlo
The World Bank is working on a new form of insurance-linked securities (ILS) that could transfer the risk of famine into the capital markets, Michael Bennett, head of derivatives and structured finance in the treasury department of the World Bank, told delegates at Munich Re’s annual roundtable discussion in Monte Carlo covering the ILS markets.
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World Bank, Michael Bennett, Munich Re, Roundtable, Monte Carlo, Famine, ILS, Risk transfer, Insurance, Reinsurance
