MIGA News
Explore the newest/trending MIGA content.
World Bank Estimates Quakes Cost Venezuela $20 Billion in Damage
Jul 24 2026 // The twin earthquakes that hit Venezuela last month may have caused $19.6 billion in physical damage to buildings and infrastructure, or about 18% of gross domestic product, according to a preliminary assessment by the...
World Bank Prices $200 Million Catastrophe Bond for Jamaica
May 19 2026 // The World Bank has priced a new catastrophe bond designed to help Jamaica cope with the threat of hurricanes. The $200 million bond was oversubscribed by investors, the World Bank said in a statement. The deal comes less...
Jamaica Catastrophe Bond Headed for Full Payout After Hurricane, World Bank Says
Nov 7 2025 // Investors in Jamaica’s catastrophe bond now face a 100% payout after Hurricane Melissa set off a full trigger event, according to the World Bank. Jamaica’s $150 million cat bond, which was arranged by the World...
World Bank Eyes First ‘Drought’ Bond in Next 12-18 Months
Jul 18 2024 // The World Bank is looking to issue its first drought bond in the next 12-18-months and broaden its offering of catastrophe bonds supporting countries suffering devastation from storms and earthquakes, a senior executive at...
South Africa Advised by World Bank on Climate Insurance, Contingency Fund Options
Apr 25 2024 // The World Bank is advising South Africa’s National Treasury on a climate risk strategy after floods in recent years caused billions of dollars of damage. The country may take out climate insurance or establish a...
MIGA Alerts
Subscribe for automatic MIGA alerts, sent straight to your inbox.
