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World Bank mulls cat bonds for pandemics

Posted On: Mar. 1, 2017 5:00 AM CST

Michael Bennett, head of derivatives and structured finance in the Capital Markets department at The World Bank Group, has said that the group hopes float catastrophe bonds for pandemic outbreaks this year,  Artemis.bm reports. The risk transfer would be under the auspices of the Pandemic Emergency Financing Facility.

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