16 December 2021 – Fundamentals of ILS

Super typhoon Rai puts Philippines World Bank cat bond on alert

Super typhoon Rai, or typhoon 28W which is known locally in the Philippines as Odette, is tracking towards the country’s central and southern islands and is expected to make landfall with sustained winds as high as 160 mph, putting holders of the World Bank issued IBRD CAR 123-124 catastrophe bond on alert. The World Bank International […]

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