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Talanx Group’s $100 Million Catastrophe Bond to Mitigate Earthquake Risks in Chile

December 5, 2024December 5, 2024 - by Victor Santos - Leave a Comment

Talanx Group has issued its first catastrophe bond worth $100 million to protect against earthquake risks in Chile. The bond, structured with the help of Hannover Re, employs a parametric …

Business / economics

Talanx Issues $100 Million Catastrophe Bond for Chilean Earthquake Risks

December 5, 2024December 5, 2024 - by Aisha Khoury - Leave a Comment

Talanx Group has issued its first catastrophe bond worth $100 million to provide multi-year coverage against earthquake risks in Chile. The bond utilizes a parametric trigger system for quick payouts …