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International

Hurricane intensifies, threatens Mexico's cat bond

October 07, 2020 Reprints

Hurricane Delta has intensified into the third major hurricane of this year's Atlantic storm season and could pose a test for the World Bank Group's FONDEN 2020 catastrophe bond, Artemis reported. The cat bond provides disaster insurance and reinsurance cover to the Mexican government's FONDEN catastrophe fund.

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Hurricane intensifies, threatens Mexico's cat bond

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