Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

19 May 2012

World Bank launches cat bond platform

20 October 2009

The World Bank is launching a catastrophe bond issuance platform to give governments and other public entities access to international capital markets for natural catastrophe insurance.

The Multicat programme will be administered by the bank's International Bank for Reconstruction and Development unit and will establish a common documentation, legal and operational framework for future catastrophe bond issuances, which will carry the Multicat brand name. The bank said the programme is flexible and supports a wide variety of structures, including the...

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