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World Bank Catastrophe Bond Pays Jamaica $150 Million After Hurricane
November 10, 2025
Jamaica will receive a $150 million payout after Hurricane Melissa triggered parametric conditions set in its World Bank-issued catastrophe bond. The bond, part of Jamaica's disaster risk strategy, enables rapid financial relief. Additional World Bank Group support will aid reconstruction and resilience efforts following the storm's impact.
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Munich Re Sees Elevated Nat Cat Losses and Growing European Reinsurance Demand
November 10, 2025
Munich Re reported rising natural catastrophe exposures, sustained European reinsurance demand, and continued cyber-insurance gaps. The company referenced inflation, geopolitical volatility, and US litigation risks affecting international programs. The findings reflect climate-driven losses, evolving liability concerns, and capital trends in the European and global reinsurance markets.
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