ORIGINAL PUBLICATION HERE
Following the devastating impacts of hurricanes Irma and Maria in the Caribbean discussion has once again turned to how to secure an increased amount of parametric disaster risk financing for the region, with a regional catastrophe bond issuance rising up the agenda once again.
Hurricanes Irma and Maria caused complete destruction to a number of Caribbean islands and widespread damage across much of the region, resulting in what is likely to be the largest Caribbean insurance and reinsurance industry loss in history.