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Jamaica’s parametric cat bond payout funded electricity restoration: Chief Fiscal Economist, Francis
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. After the devastating impacts of hurricane Melissa triggered a full $150 million payout of its IBRD CAR Jamaica 2024 parametric catastrophe bond, the rapid funding from this insurance product helped the country recover its electricity network faster than would have otherwise been possible, the government’s Chief Fiscal Economist explained last week. Speaking at the ILS […] Jamaica’s parametric cat bond payout funded electricity restoration: Chief Fiscal Economist, Francis was publi
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