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Chile nears catastrophe bond deal with World Bank

The South American country's finance ministry says the proposed deal 'would allow Chile to receive pre-established compensation payments in the event of certain high-intensity parameterised seismic events'

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Ministry of Finance in discussions with bank’s International Bank for Reconstruction and Development as it seeks protection against losses from severe earthquake

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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