Editorials / Speeches
JAMAICA SECURES US$200 MILLION IN HURRICANE INSURANCE COVERAGE THROUGH NEW WORLD BANK CATASTROPHE BOND
On Tuesday, May 26, 2026, the World Bank, through the International Bank for Reconstruction and Development (IBRD), rated Aaa/AAA, issued a catastrophe (cat) bond providing the Government of Jamaica (GOJ) with US$200 million in insurance coverage against hurricanes.
