Americas > Carbon offsets enter catastrophe bonds for first time with reinsurance deal

Carbon offsets enter catastrophe bonds for first time with reinsurance deal

Published 16:32 on February 28, 2023  /  Last updated at 23:57 on February 28, 2023  / /  Americas, Canada, US, Voluntary

Two reinsurance companies on Monday announced $125 million of collateralised reinsurance cover that includes a first of its kind carbon offset feature for the environmental impact of rebuilding homes after natural disasters.
Two reinsurance companies on Monday announced $125 million of collateralised reinsurance cover that includes a first of its kind carbon offset feature for the environmental impact of rebuilding homes after natural disasters.


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