WASHINGTON, NOVEMBER 7, 2025 Following Hurricane Melissa, the Government of Jamaica will receive a full payout of $150 million under its catastrophe insurance coverage with the World Bank, backed by a ...

World Bank says Melissa may cause full payout of Jamaica Cat bond Jamaica’s catastrophe bond is poised to be wiped out after ...

Jamaica’s decade-long effort to build layers of financial protection in case of natural disasters might help the country ...

Insurance, bonds and savings will speed recovery from the monster hurricane, but the Caribbean nation will still need ...

The World Bank has announced today that following the events of Hurricane Melissa, the Government of Jamaica will receive a full 100% payout of its $150 ...

Our thoughts are with the people of Jamaica as they face the devastating impact of Hurricane Melissa. We are working closely with the Government of Jamaica and international partners, including the ...

Investors in Jamaica’s catastrophe bond now face a 100% payout after Hurricane Melissa set off a full trigger event, ...

The World Bank has said that it expects to mobilise a broad package of financial support to aid Jamaica's recovery from major hurricane Melissa and the ...

The Government of Jamaica will receive a full payout of $150 million under its catastrophe insurance coverage, backed by a ...

The Micro, Small and Medium Enterprises (MSME) Alliance is urging the government to provide grants and low interest loans to help business owners recover from the devastation caused by Hurricane ...

The Greater Jamaica Development Corporation announced plans for a $200 million transformative mixed-use development of more than 500,000 square feet in ...

Hurricane Melissa ripped up trees and knocked out power after making landfall in Jamaica on October 29, 2025 as one of the most powerful hurricanes on record, inundating the island nation with rains ...