Jamaica’s $150mn cat bond prices at upper reach of guidance
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Jamaica’s $150mn cat bond prices at upper reach of guidance

The parametric bond provides coverage for named storms.

By Rachel Dalton
April 26, 2024
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The Jamaican government has raised $150mn via a cat bond that has priced at 7%, at the upper limit of pricing guidance, Insurance Insider ILS understands.

The

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News Collateralised reinsurance Catastrophe bonds Stocks
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