FULL ORIGINAL PUBLICATION HERE  City of 15 million is on a fault line rocked by a series of temblors Istanbul, Turkey’s biggest city with 15 million people, should prepare for an earthquake of magnitude 7.5. That was the chilling prediction of Interior Minister Suleyman Soylu after the temblor measuring 6.7 that killed dozens of people Jan. 24 in Elazig […]

ORIGINAL PUBLICATION HERE. LINK TO THE WORKSHOP PAGE HERE The human cost of disasters is not just measured in the deaths and injuries that they cause, but also in terms of their lasting economic impact on survivors and countries. Natural disasters don’t just destroy homes, factories, shops, and fields; they can altogether annihilate years of economic […]

China most likely coronavirus source for World Bank’s pandemic cat bond

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FULL ORIGINAL PUBLICATION HERE The worsening outbreak of a novel coronavirus in China has brought the World Bank’s pandemic catastrophe bond transaction back into focus and it turns out that China was seen as the most probable source of a coronavirus outbreak that could trigger the IBRD CAR 111-112 notes. The coronavirus outbreak that began in the […]

ОРИГИНАЛЬНАЯ ПУБЛИКАЦИЯ ЗДЕСЬ В результате землетрясения магнитудой 6,4, произошедшего в воскресенье в Синьцзян-Уйгурском автономном районе на северо-западе Китая, один человек погиб, еще два человека получили незначительные ранения, сообщает агентство «Синьхуа». Согласно данным Китайского центра сейсмологических сетей, землетрясение произошло в 21:21 по местному времени, гипоцентр стихии залегал на глубине 16 км. Эпицентр сейсмособытия находился в 56 км от уезда Фейзабаж. Подземные толчки ощущались в городах Кашгар и Артюкс. В результате […]

FULL ORIGINAL PUBLICATION HERE A World Economic Forum (WEF) initiative focused on responses to humanitarian risk is investigating areas where catastrophe bonds may prove valuable tools for risk sharing with private markets and investors, according to a United Nations representative. The World Economic Forum (WEF) is an international organisation focused on public-private cooperation. Its annual […]

Перевод оригинальной статьи (in English) для 16-го конгресса SIRC. PDF версия здесь. 中文 По словам руководителя компании Phoenix CRetro Кирилла Саврасова, внедрение катастрофических облигаций на фоне инвестиций в проекты инициативы «Один пояс, Один путь» сможет нивелировать риск крупных бюджетных потерь и укрепить макроэкономическую стабильность региона стран бывшего СССР и западных Балкан путем организации инструментов быстрого доступа к финансовым ресурсам, […]

FULL ORIGINAL PUBLICATION HERE Climate change adaptation projects and the need for them are rising up the agenda, as a recent surge in damages from severe weather and climate related catastrophe events concentrates the mind on the importance of investing in this area. Public authorities are showing renewed and increasing interest in climate adaptation, while […]

FULL ORIGINAL PUBLICATION HERE Singapore and the World Bank aligned their missions to collaborate on the recent landmark first catastrophe bond issuance for the Philippines, as the pair look to stimulate insurance-linked securities (ILS) issuance in Asia as a financial solution for climate resilience. The Philippines catastrophe bond, IBRD CAR 123-124 which completed last week to provide […]