FULL ORIGINAL PUBLICATION HERE The Asia-Pacific Economic Cooperation (APEC) continues to see the development of a regional catastrophe bond market as positive, highlighting at a recent workshop that cat bonds are a win-win relationship for governments and investors. The workshop last week was convened by The World Bank Treasury alongside the APEC Business Advisory Council […]

ORIGINAL PUBLICATION HERE. ALSO REPUBLISHED BY INTELLIGENT INSURER ITSELF, UNDRR’S PREVENTION WEB NET, SEEKING ALPHA AND BELT & ROAD NEWS. Countries in Central Asia and Eastern Europe that have been recipients of Chinese investment via projects associated with its Belt and Road Initiative (BRI) should use parametric sovereign cat bonds to insure themselves against the risk […]

FULL ORIGINAL PUBLICATION HERE The Monetary Authority of Singapore (MAS) has extended its insurance-linked securities (ILS) grant scheme to the end of 2022, as Singapore looks to build on recent positive momentum and attract more catastrophe bond issuers to its shores. Speaking today at our Artemis ILS Asia virtual conference, Mr. Benny Chey, Assistant Manager […]

As mentioned by AON in their Weather, Climate & Catastrophe Insight: 2019  Annual Report, last year brought $232 billion of economic losses from natural disasters whereby only $71 billion was actually insured. It outlined that the world continue to face a fundamental issue of insurance gap, especially in emerging and developing countries, where losses for businesses and governments are only increasing following […]

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 […]