World Bank Catastrophe Bonds to Provide Mexico with Disaster Cover of $360M

The World Bank Group issued its largest catastrophe bond, providing Mexico with financial protection of as much as $360 million against losses from tropical cyclones and earthquakes. Mexico is among the countries most vulnerable to natural disasters, the bank said …
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World Bank Catastrophe Bonds to Provide Mexico with Disaster Cover of $360M was originally posted by ClaimsMate.com Insurance Information Resources