Washington D.C., April 25, 2024 - The World Bank (International Bank for Reconstruction and Development, or IBRD, AAA/Aaa), priced a catastrophe (cat) bond that finances US$150 million of insurance ...
In a significant move to strengthen global public asset management frameworks, the World Bank’s Executive Directors approved the relaunch of the World Bank Reserve Advisory and Management Partnership ...
WASHINGTON, Aug 20 (Reuters) - Preliminary estimates show that damage caused to Caribbean countries by Hurricane Dean had not triggered new disaster insurance introduced in February by the World Bank, ...