Browsing: Catastrophe

A rarity in the $55 billion market for catastrophe bonds is about to happen: A trigger event will wipe out 100% of the bond’s principal. Jamaica’s…

Investors in Jamaica’s disaster bonds now face a 100% payout after Hurricane Melissa triggered a full trigger event, according to the World Bank. Jamaica’s $150 million…

Since the natural catastrophe becomes more often and destructive, it is difficult to access a key back stop to help to help to meet the losses.…

This post is part of a series organized by the quota. Home ownership has long been a synonym for American dreams. And it’s no surprise: Having…