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A US$30 million catastrophe bond issued by the World Bank under its Capital-at-Risk Notes Program helps the Caribbean Catastrophe Risk Insurance Facility (CCRIF) transfer the natural disaster risk of 16 member countries
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Document Date: 2015-05-11 14:35:13


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City

the Grenadines / /

Company

World Bank Treasury / Insurance Linked Securities / Issuer Risks Covered International Bank / Banking / /

Country

Antigua / Bermuda / Grenada / Barbados / Cayman Islands / Japan / Bahamas / Haiti / Anguilla / Trinidad / Jamaica / Belize / Dominica / US / /

Currency

USD / /

/

Event

Natural Disaster / /

Facility

Global Debt Issuance Facility / Caribbean Catastrophe Risk Insurance Facility / /

IndustryTerm

insurance coverage / re-insurance market leveraging / financial solution / re-insurance market / /

Organization

World Bank / Caribbean Catastrophe Risk Insurance Facility / Government of Japan / International Bank for Reconstruction and development / /

Person

Dominic Chavez / Premium Miguel Navarro-Martin / /

/

Position

Head / Head of Products / /

Region

Caribbean / /

SocialTag