Publication: Mexico MultiCat Bond: Transferring Catastrophe Risk to the Capital Markets
Date
2013-02
ISSN
Published
2013-02
Author(s)
World Bank
Abstract
Mexico, one of the most experienced
emerging market countries in disaster risk management, has
proactively sought to benefit from global diversification by
sharing risks with international capital markets. It was the
first country to issue a multi-peril multi-region cat bond
using the World Bank’s MultiCat Program. The MultiCat
Program allowed Mexico to efficiently transfer a pool of
disaster risk to the capital markets.
Citation
“World Bank. 2013. Mexico MultiCat Bond: Transferring Catastrophe Risk to the Capital Markets. Disaster risk financing and insurance case study;. © Washington, DC. http://hdl.handle.net/10986/22422 License: CC BY 3.0 IGO.”