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The best insurance policy crafted by man
Social media blew up last week as Jamaicans reacted with spontaneous gratitude and appreciation for the vision and foresight that led to the placement of Jamaica’s Catastrophe Bond, which was triggered by Hurricane Melissa and is expected to deliver J$24 billion to Jamaica at a time of profound need.
But the story of foresight and vision stretches beyond the Catastrophe Bond. And it is a story that must be told. It’s a story of how bold vision, exceptional forward thinking, and relentless policy execution become genius when they achieve their aim.
Hurricane Melissa will spell a downturn in the Jamaican economy, causing inflation, rising interest rates, unemployment and a need for funding for infrastructure repairs.
While the focus is on getting aid and donations, the Government will have to pivot soon to rehabilitating the economy. The macro-economic stability attained will be tested by the fury of Melissa, with at the very least, the first half of 2026 looking bleak for Jamaica.
https://our.today/the-best-insurance...qFUZvut4W0XABg
Another Jamaican's gift to the world.
Social media blew up last week as Jamaicans reacted with spontaneous gratitude and appreciation for the vision and foresight that led to the placement of Jamaica’s Catastrophe Bond, which was triggered by Hurricane Melissa and is expected to deliver J$24 billion to Jamaica at a time of profound need.
But the story of foresight and vision stretches beyond the Catastrophe Bond. And it is a story that must be told. It’s a story of how bold vision, exceptional forward thinking, and relentless policy execution become genius when they achieve their aim.
Hurricane Melissa will spell a downturn in the Jamaican economy, causing inflation, rising interest rates, unemployment and a need for funding for infrastructure repairs.
While the focus is on getting aid and donations, the Government will have to pivot soon to rehabilitating the economy. The macro-economic stability attained will be tested by the fury of Melissa, with at the very least, the first half of 2026 looking bleak for Jamaica.
https://our.today/the-best-insurance...qFUZvut4W0XABg
Another Jamaican's gift to the world.
Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 
05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015