Mexico MultiCat Bond

World Bank

Publication:
Mexico MultiCat Bond: Transferring Catastrophe Risk to the Capital Markets

dc.contributor.author	World Bank
dc.date.accessioned	2015-08-17T15:21:42Z
dc.date.available	2015-08-17T15:21:42Z
dc.date.issued	2013-02
dc.description.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.	en
dc.identifier	http://documents.worldbank.org/curated/en/2015/07/24788552/mexico-multicat-bond-transferring-catastrophe-risk-capital-markets
dc.identifier.uri	http://hdl.handle.net/10986/22422
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC
dc.relation.ispartofseries	Disaster risk financing and insurance case study;
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	GOVERNMENT BUDGETS
dc.subject	TRANSACTIONS
dc.subject	TECHNOLOGY
dc.subject	REINSURANCE
dc.subject	TRANSACTION
dc.subject	RISKS
dc.subject	CAPITAL MARKETS
dc.subject	INVESTORS
dc.subject	MARKET COUNTRIES
dc.subject	EARTHQUAKE
dc.subject	DISASTER RISK
dc.subject	CLIMATE CHANGE
dc.subject	VOLATILITY
dc.subject	INTERNATIONAL CAPITAL
dc.subject	TRANCHE
dc.subject	DERIVATIVE
dc.subject	FUTURE
dc.subject	INCOME
dc.subject	INTEREST
dc.subject	BANK
dc.subject	BUDGETS
dc.subject	EXTREME NATURAL DISASTER
dc.subject	RESERVE FUNDS
dc.subject	DEVELOPING COUNTRIES
dc.subject	BOND MARKET
dc.subject	CONTRACT
dc.subject	INTERNATIONAL CAPITAL MARKETS
dc.subject	BONDS
dc.subject	INSURANCE CONTRACT
dc.subject	SOVEREIGN ENTITIES
dc.subject	PUBLIC BUDGETS
dc.subject	DISASTER PREPAREDNESS
dc.subject	DISASTER
dc.subject	TRANSACTION COSTS
dc.subject	PRICE
dc.subject	MARKET
dc.subject	RESERVE
dc.subject	TREASURY
dc.subject	EARTHQUAKES
dc.subject	HURRICANES
dc.subject	INSTRUMENTS
dc.subject	INSURANCE
dc.subject	INSURANCE COMPANY
dc.subject	BUDGET
dc.subject	MATURITY
dc.subject	CATASTROPHIC EVENT
dc.subject	EMERGING MARKET COUNTRIES
dc.subject	DISASTER RELIEF
dc.subject	INVESTOR
dc.subject	DERIVATIVES
dc.subject	HURRICANE
dc.subject	INVESTMENT
dc.subject	RELIEF
dc.subject	RISK
dc.subject	BOND
dc.subject	FLOATING RATE NOTES
dc.subject	NATURAL DISASTER
dc.subject	COLLATERAL
dc.subject	FLOATING RATE
dc.subject	DISASTER RISKS
dc.subject	FLOODS
dc.subject	BANKING
dc.subject	ATLANTIC HURRICANE
dc.subject	MONEY MARKET
dc.subject	INVESTMENTS
dc.subject	RISK MANAGEMENT
dc.subject	NATURAL DISASTERS
dc.subject	EMERGING MARKET
dc.subject	VOLCANIC ERUPTIONS
dc.subject	MARKETS
dc.subject	DISASTERS
dc.subject	MIDDLE-INCOME COUNTRIES
dc.subject	HEDGE
dc.subject	RESERVES
dc.subject	ERUPTIONS
dc.subject	NATURAL HAZARDS
dc.subject	RISK ASSESSMENT
dc.subject	RECONSTRUCTION
dc.subject	CATASTROPHE BOND
dc.title	Mexico MultiCat Bond	en
dc.title.subtitle	Transferring Catastrophe Risk to the Capital Markets	en
dc.type	Brief	en
dc.type	Fiche	fr
dc.type	Resumen	es
dspace.entity.type	Publication
okr.date.disclosure	2015-07-16
okr.doctype	Publications & Research
okr.doctype	Publications & Research :: Brief
okr.docurl	http://documents.worldbank.org/curated/en/2015/07/24788552/mexico-multicat-bond-transferring-catastrophe-risk-capital-markets
okr.globalpractice	Social, Urban, Rural and Resilience
okr.globalpractice	Finance and Markets
okr.identifier.externaldocumentum	090224b082ffdedb_1_0
okr.identifier.internaldocumentum	24788552
okr.identifier.report	98003
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/07/16/090224b082ffdedb/1_0/Rendered/PDF/Mexico000Multi00the0capital0markets.pdf	en
okr.region.country	Mexico
okr.topic	Environment :: Natural Disasters
okr.topic	Urban Development :: Hazard Risk Management
okr.topic	Private Sector Development :: Emerging Markets
okr.topic	Finance and Financial Sector Development :: Debt Markets
okr.topic	Conflict and Development :: Disaster Management
okr.unit	Insurance (CRKIN)