In many communities at high risk for natural disasters, a Wall Street financing tool that's gaining popularity, called a catastrophe bond, may make it easier for homeowners to get insurance. On Oak ...

The increase in costly climate-related disasters has fueled the growth of so-called catastrophe bonds in the past few years. These are bonds issued by insurance and reinsurance companies — and ...

When major disasters strike — like hurricanes, earthquakes or wildfires — the financial losses can be massive. Insurance companies often struggle to cover all claims. This is where catastrophe bonds ...

After the hurricane in Jamaica, the government had a pot of money to help rebuild. A Catastrophe Bonds payout. We explain how it works and why Cat Bond popularity is on the rise as a response to ...

THE SCENES of devastation in Los Angeles were just the latest in a recent barrage. Last year hurricanes in the Atlantic, earthquakes in Japan and flooding in Europe all carried huge financial and ...

Catastrophe bonds (CAT bonds) represent a pivotal innovation in financial risk management, providing a mechanism for insurers and reinsurers to transfer the financial burden associated with extreme ...

WASHINGTON, NOVEMBER 7, 2025 — Following Hurricane Melissa, the Government of Jamaica will receive a full payout of $150 million under its catastrophe insurance coverage with the World Bank, backed by ...