Jamaica cat bond marked down ahead of weekend on Melissa concerns
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Jamaica cat bond marked down ahead of weekend on Melissa concerns

Pricing on Friday implied a potential $45mn loss to the bond, before the storm outlook deteriorated.

By Jai Singh
October 27, 2025
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The Jamaica World Bank cat bond was marked down to 67.5c on the dollar on Friday based on the average secondary pricing sheets from two brokers, Insurance Insider ILS understands.

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News Catastrophe losses Property treaty ILS managers The World Bank Catastrophe bonds North America
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