Reinsurance News
IDB
IDB expands disaster risk coverage by $2bn, introduces new instruments
3rd July 2025
The Inter-American Development Bank (IDB) has expanded disaster risk coverage by an additional $2 billion and introduced new instruments for both sovereign and private clients. The $2 billion expansion includes $1 billion for its Contingent Credit Facility for Natural Disasters and another $1 billion through Climate Resilience Debt Clauses. Under the Contingent ... Read the full article
AXA XL & AXIS support landmark $1bn IDB securitisation
28th October 2024
The Inter-American Development Bank (IDB) has announced a new $1 billion securitisation transaction, Scaling4Impact, which includes a $100 million mezzanine tranche, of which a portion was sold to international investor Newmarket Capital, and the remainder insured by AXIS and AXA. Described as a first of its kind securitisation transaction for private ... Read the full article
IDB finalises first credit-risk-insurance transaction with the private sector
28th December 2023
The Inter-American Development Bank (IDB) has completed a risk-transfer transaction using credit insurance protection with private insurers, in an effort to help diversify its portfolio and free up capital for additional lending to both Latin America and the Caribbean. The credit insurance protects $300 million of exposure on the IDB balance ... Read the full article
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