Jamaica Catastrophe Bond Has Now Triggered, Government Says November 3, 2025 By Lauren Rosenthal and Gautam Naik Jamaica’s catastrophe bond has now triggered as a result of the fallout from Hurricane Melissa, the government said. “Over the...
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion October 31, 2025 By Alexandre Rajbhandari The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to...
Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe October 31, 2025 By Joe Wertz and Kari Lundgren Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe...
Satellite Data Reveals Hurricane Melissa Damage in Jamaica October 31, 2025 By Josh Saul, Krishna Karra, Christopher Cannon and Mary Hui As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and...
Hurricane Melissa Wreaks $8 Billion of Damage, Kills Dozens October 30, 2025 By Josh Saul, Lauren Rosenthal and Mary Hui The devastation from Hurricane Melissa came into focus after the record-setting storm moved past Jamaica, Haiti and Cuba with at...
Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports October 29, 2025 By L.S. Howard Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation...
Jamaica Catastrophe Bondholders Now Face Full-Trigger Event October 28, 2025 By Gautam Naik Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million...
Ex-PIMCO Executive Plans to Launch Europe’s First ETF Based on Catastrophe Bonds October 28, 2025 By Gautam Naik Europe may soon get its first exchange-traded fund based on catastrophe bonds. An application to register the ETF was filed...
Catastrophe Bond Investors Told to Brace for Jamaica Payout October 28, 2025 By Gautam Naik Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as Hurricane Melissa barrels toward...
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot October 21, 2025 By Gautam Naik The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising...