"Swiss Re Capital Markets is proud to have partnered with the World Bank and the Government of Jamaica to successfully bring the World Bank's second catastrophe bond issuance to market supporting the Government of Jamaica. This transaction mirrors the ground-breaking trigger mechanics of the first issuance in 2021 that allowed for faster payout post event and have since become a market standard for disaster relief transactions. Once again, it highlights Swiss Re Capital Markets' continued commitment to the public sector and embodies Swiss Re's mission to make the world more resilient," said Jean-Louis Monnier, CEO of Swiss Re Capital Markets Corporation.