Nepal government approves World Bank earthquake cat bond mandate agreement
According to reports from Nepalese news sources, the country’s government Council of Ministers has approved signing a Mandate Agreement for the Nepal Earthquake Catastrophe Bond project with the World Bank. Back in July, we reported that the World Bank had begun working on a proposed project to deliver a parametric earthquake catastrophe bond for Nepal, […]
Hannover Re targets $200m seventh Acorn Re parametric US earthquake cat bond
Global reinsurance firm Hannover Re is bringing the seventh catastrophe bond offering in the annual parametric US earthquake risk series of deals, with an initial $200 million target for an Acorn Re Ltd. (Series 2026-1) issuance, Artemis has learned. As seen with all six of the previous Acorn Re parametric catastrophe bonds, this new seventh […]